Taiwan Semi (TSM) lowers 2023 revenue guidance
Taiwan Semi lowered guidance for Q3 2023, and the entire semiconductor sector suffered as a result.
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Taiwan Semi lowered guidance for Q3 2023, and the entire semiconductor sector suffered as a result.
TSMC cites low client sales as the reason for lowered guidance in Q2.
Berkshire Hathaway is dumping Taiwan semi (TSM) shares after acquiring more last year.
The company predicts a continuation of market demand softness entering Q1 2023.
The Warren Buffett conglomerate has made a massive investment in tech.
TSMC is reportedly investigating expansion in Japan as Taiwan independence remains in contention due to pressure from China.
Despite the surge in year-over-year profits, TSMC remains cautious about the outlook of chip demand in 2023.
'The war brings no winners, everybody's losers,' TSMC's Mark Liu said, claiming a conflict would render the world's leading chip manufacturer inoperable.
Taiwan Semiconductor put up an excellent quarter and has raised guidance for its upcoming Q3 as a result.
Prices are going to continue to rise, even though there's already been a reduced demand for products as a result.