Apple chip maker TSMC’s profit bigger than expected

//Apple chip maker TSMC’s profit bigger than expected

Apple chip maker TSMC’s profit bigger than expected

Taiwan Semiconductor Manufacturing Co (TSMC) projected quarterly revenue well above analysts’ estimates, brushing aside concerns that tighter US sanctions on No 2 customer Huawei Technologies could dampen its business.Shares in the world’s largest contract chip maker have slid two straight days on worries that Washington will tighten existing restrictions on exports to Huawei, potentially curtailing shipments from TSMC and other non-American firms.If the US does move ahead, any disruption would…

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By | 2020-01-16T08:50:04+00:00 January 16th, 2020|Technology|Comments Off on Apple chip maker TSMC’s profit bigger than expected