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Nothing but AI?TSMC Dharma Talk: Pass the cold air to every peer_Oriental Fortune Network

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Nothing but AI?TSMC Dharma Talk: Pass the cold air to every peer_Oriental Fortune Network

TSMC’s Legal Meeting Sends Shockwaves Through Semiconductor Industry

In a recent legal meeting, Taiwan Semiconductor Manufacturing Company (TSMC) revealed some concerning news that sent ripple effects throughout the semiconductor industry. Following the meeting, TSMC’s stock plummeted, dragging down other major players in the electronic industry such as Samsung Electronics, Hon Hai, MediaTek, ASE, and more.

On April 18th, TSMC’s U.S. stock opened lower and closed down 4.86%, marking a significant decline compared to other stocks in the Philadelphia semiconductor index. The overall index fell 1.66% that day, signaling a broader trend within the semiconductor market.

One of the key takeaways from TSMC’s legal meeting was the revised outlook for the global semiconductor, foundry, and automotive markets for the year. TSMC President Wei Zhejia acknowledged that the semiconductor market’s recovery process is slower than expected, with AI leading the way in terms of growth opportunities.

Despite initial forecasts, TSMC revised down its growth projections for the semiconductor industry, excluding memory, and the foundry industry. This cautious outlook reflects the company’s assessment of the current market conditions and the challenges facing the industry as a whole.

In terms of application-specific markets, AI processors show strong demand, while the automotive chip market remains weak. TSMC anticipates significant growth in AI processor revenue in the coming years, citing sustained demand for AI-related products.

Overall, TSMC’s legal meeting has underscored the challenges facing the semiconductor industry and highlighted the importance of adapting to changing market dynamics. While the industry may experience a gradual recovery, the focus on AI and emerging technologies is expected to drive future growth.

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Institutional research reports have also emphasized the significance of AI in driving TSMC’s growth and shaping the future of the semiconductor industry. As the demand for high computing power continues to grow, companies like TSMC are well-positioned to capitalize on these trends and drive innovation in the industry.

As the semiconductor industry navigates these challenges and opportunities, TSMC’s recent legal meeting serves as a reminder of the importance of staying agile and adaptive in a rapidly evolving market landscape.

(Source of article: Financial Associated Press)

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