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.
Continue readingArm Holdings Issues Somber Forecast Amidst Weak Chip Demand
In a disheartening announcement, Arm Holdings has revealed a disappointing financial forecast that suggests a troubling trend in the semiconductor industry. The company, renowned for its chip designs crucial to mobile devices and other electronic infrastructure, expressed concerns regarding a deceleration in chip demand. This outlook has raised alarms among investors and industry analysts alike, painting a bleak picture for the future of tech hardware.
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