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TSMC expects strong 2024 driven by AI chip manufacturing

Monica Chen, Hsinchu; Jingyue Hsiao, DIGITIMES Asia 0

Credit: DIGITIMES

Amid sluggish demand, order cuts, price reduction, soaring costs, and intensifying geopolitical tension, TSMC reported declining performances in 2023. The chip giant foresees rebounding sales of over 20% in dollar terms in the current year.

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