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TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net profit down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales lag (Nikkei Asia) 20-07-2023

Nikkei Asia:
TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net profit down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales lag  —  Taiwan chipmaker logs quarterly net profit drop on consumer electronics slump  —  Sluggish demand for smartphones …


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