TSMC Q4 revenue increased, regardless of global declining chip demand

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Written By Jennifer Joslyn

Taiwan Semiconductor Manufacturing Co., the company calling much of the shots in the United States semiconductor industry, is projecting a revenue drop over the next twelve months. C.C. Wei, the TSMC CEO, advised that although the semiconductor supply chain has a big future ahead, the company expects that demand will begin to normalize.

There are a few factors that have led to a decrease in demand for semiconductor chips in recent times. One major factor is the ongoing global economic downturn, which has led to a slowdown in consumer spending and a decrease in demand for electronics. Additionally, many companies have been cutting back on their technology spending in response to the economic downturn, which has also led to a decrease in demand for semiconductor chips. Another factor is the trade tensions between the United States and China, which have led to tariffs on imported semiconductor chips and other technology products. This has made it more expensive for companies to import these products and has led to a decrease in demand for semiconductor chips.

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Jennifer Joslyn
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