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Chips still down for TSMC with glimmer of hope this quarter

Global economic conditions? Check. Sluggish end market demand? Check. Customer inventory adjustment? Bingo!

TSMC has reported a double digit year-on-year plunge in sales, yet it seems the results aren’t as bad as analysts anticipated and the chipmaker expects business to pick up again in the coming months.…

Author: Dan Robinson. [Source Link (*), The Register]

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