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TSMC might not make much cash after all
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TSMC might not make much cash after all
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18th September 2023, 11:19
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 149,135
 |  TSMC might not make much cash after all 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. https://fudzilla.com/news/57606-tsmc...cash-after-all |
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