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TSMC Sales Miss for Second Straight Quarter on Tepid Demand

Taiwan Semiconductor Manufacturing Co. misses sales estimates for second consecutive quarter as global electronics demand continues to weaken. TSMC relies on Apple, PC makers and consumer electronics brands to keep its sales churning.

1 min read
  • TSMC misses sales estimates for second consecutive quarter.
  • First-quarter revenue at $16.7bn, falling shy of forecasts.
  • Sharp slowdown in March contributed to the miss.
  • TSMC relies on Apple, PC makers and consumer electronics brands to keep its sales churning.
TSMC Sales Miss for Second Straight Quarter on Tepid Demand
Taiwan Semiconductor Manufacturing Co. missed sales estimates for the second consecutive quarter in a sign of continued weakness in global electronics demand.
BloombergDebby Wu

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