TSMC's Revenue Growth Fueled by AI Chip Demand Despite Slowing Sales

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Source: Yahoo Finance
TSMC's Revenue Growth Fueled by AI Chip Demand Despite Slowing Sales
Photo: Yahoo Finance
TL;DR Summary

TSMC reported a slowdown in its October sales growth to 16.9%, the slowest since February 2024, raising concerns about the sustainability of the AI boom despite ongoing investments by major tech firms like Nvidia, Meta, and Microsoft. The company's revenue increase covers only a single month, adding uncertainty to the future of AI-driven growth amid market volatility and limited chip supplies.

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