TSMC is a foundry, a silicon subcontractor, that creates the miniature brains that power our digital world. Its chips power our smartphones, tablets, and laptops, enabling the seamless flow of information that defines our modern lives.
While overall revenue remained level compared to the same period last year, a closer inspection provides a little more context. TSMC experienced a slight dip in smartphone chip sales, reflecting market saturation and pandemic-induced demand normalization.
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