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TSMC Reports Better-Than-Expected Revenue Despite Chip Industry’s Slowdown

By
Juro Osawa
· · Source: Bloomberg

Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker and Apple’s crucial supplier, reported better-than-expected revenue for the third quarter despite the overall chip industry’s slowdown, Bloomberg reported. TSMC’s revenue rose 48% in the quarter, beating analysts’ expectations. The solid results came despite the fact that most chip makers around the world are...

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