TSMC Faces Slowdown in October Sales Growth Amidst Cooling AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC), a pivotal player in the global semiconductor industry, reported a slowdown in its sales growth for October, primarily driven by the waning demand for artificial intelligence (AI) chips. While the company has been a leader in producing chips for AI and other advanced technologies, the recent decline is raising concerns about future growth, particularly as the tech sector grapples with market adjustments.

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