TSMC sales grow 29% in October, but at slower pace from prior month
) clocked a slower pace of sales growth in October than in the prior month, the company said on Friday, while growth in its sales for the year also fell slightly.
TSMC- the world’s biggest contract chipmaker- clocked stellar earnings in the September quarter, as demand from the artificial intelligence sector for its advanced chips remained strong. The firm also flagged an improved outlook for the coming year from robust AI demand. The firm is a key component of the chipmaking supply chain, and is a major supplier to U.S. tech giants such as NVDA and AAPL.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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