Latest news about: tsmc

Chip manufacturers predict a drop in profits due to falling demand from miners

Chip manufacturers predict a drop in profits due to falling demand from miners

As reported by Business Times, a company from Taiwan Semiconductor Manufacturing Co. (TSMC), a leading manufacturer of microchips, has lowered its projected income due to the slowdown in the smartphone industry and cryptocurrency. TSMC produces chips for giants such as Nvidia Corp., Apple Inc. and Qualcomm Inc. TSMC has lowered the forecast of growth of… More