Published 16:58 IST, April 20th 2024
TSMC shares nosedives in Taipei amid global chip outlook concerns
TSMC adjusted its outlook for global semiconductor industry, excluding memory, to a growth rate of around 10%, down from a previous forecast of more than 10%.
![TSMC Japan expansion](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/btca27qnynld3n3f5hh2473fxq1-171072737428516_9.webp)
TSMC | Image:
Reuters
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11:52 IST, April 19th 2024