Taiwan Semiconductor Manufacturing
reported its first drop in monthly revenue in almost four years as macroeconomic headwinds hit the world’s largest maker of computer chips, putting the group’s first-quarter earnings due April 20 in the spotlight.
TSMC (ticker: TSM) reported revenue of 145.4 billion Taiwanese dollars in March ($4.8 billion), down 11% from February and falling 15% from March 2022. It’s the first annual drop in monthly revenue since May 2019, according to Dow Jones Newswires.
Source: https://www.barrons.com/articles/taiwan-semiconductor-manufacturing-revenue-4ba5eeaa?siteid=yhoof2&yptr=yahoo