Tsmc Q2 2023 Forecast Sales Fall 16 Percent Weak Global Economy Inventory Clearance Tsmc

Tech

TSMC Forecasts Up to 16 Percent Drop in Q2 Sales Amid Struggles to Clear Inventory, Weak Global Economy

ByNews Polite April 20, 2023

Taiwanese chipmaker TSMC forecast on Thursday a fall of as much as 16 percent in current-quarter sales amid a weakening global economy and as the Apple Inc supplier struggles to clear inventory. As the biggest maker of chips that power products as varied as phones, cars and advanced computers, Taiwan…

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