tsmc october sales growth slows amid declining ai chip demand

TSMC, a major supplier for tech giants like Apple and Nvidia, experienced a slower growth rate in October with a 29.2% increase in sales. This is the lowest growth rate since February and raises concerns about the sustainability of demand for AI chips.

Despite this slowdown, analysts remain optimistic and project a 36.1% sales increase for the three-month period ending in December. The semiconductor industry is navigating fluctuating demand dynamics, and the latest figures indicate a cautious outlook.

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