TSMC Trims Full Year Sales Forecast as Crypto Mining, Smartphone Demand Wanes – TheStreet.com

TheStreet.comLtd., (TSM – Get Report) the world’s biggest contract chipmaker and a leader supplier for Apple Inc. (AAPL – Get Report) iPhones, trimmed its full year revenue forecasts Thursday, citing a slowdown in cryptocurrency mining and waning smartphone demand.Apple supplier TSMC signals stronger smartphone sales after crypto boostFinancial TimesTaiwan’s TSMC second-quarter profit rises 9 percent […]

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