TSMC might not make much cash after all

@ 2023/09/18
Customer demand slumping

TSMC told its major suppliers to delay the delivery of high-end chipmaking equipment after it started getting nervous about customer demand.

Shares in TSMC suppliers including Dutch-based ASML declined after news got out.

TSMC sources said the company is grappling with delays at its $40 billion chip factory in Arizona, and wants to control costs as it expects demand to fall.

Suppliers currently expect the delay to be short-term and TSMC did not comment on what it claimed was a "market rumour".

ASML CEO Peter Wennink said some orders for its high-end tools had been pushed back, without saying who by, and that he expected it would be a "short-term management" issue.

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