Zacks.com users have recently been watching TSMC (TSM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
TSMC's guidance points toward a slowdown in chip demand, and that may be bad news for Nvidia. A closer look at TSMC's results suggests that it saw a spike in demand for advanced chips based on the 5nm
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TSMC posted a mixed Q1 report. Its slowdown will persist through the first half of 2023.
Shares of chip-making equipment suppliers rallied Thursday after a wave of earnings reports in the subsector boosted confidence in a second-half recovery in 2023.
TSMC delivered profit that was better than expected. The company is also forecasting a sales slowdown.
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Taiwan Semiconductor Manufacturing Co. saw its business hit by demand issues in the latest quarter, and the company expects further pressure from “inventory adjustment” in the current period.
The latest results from the world's largest contract chip manufacturer confirm the grim outlook facing the semiconductor industry.
Taiwan Semiconductor Manufacturing Co (TSMC) has lowered its revenue outlook for the current quarter and full-year 2023 as demand slumps in its end use markets like smartphones. A mixed bag of results
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