Posted 3/12/2024, 3:51:00 PM
TSMC sales hit record high in February as AI chip demand booms, while consumer electronics makers struggle
- TSMC, the world’s largest contract chip foundry, saw record high sales in February
- Major chipmakers like TSMC thrived due to strong demand for AI-related products
- Companies more involved in consumer electronics dealt with falling sales
- Taiwan's major tech producers saw a 5.9% drop in combined February sales, the third straight month of declines
- The article contrasts the fortunes of AI-focused chipmakers like TSMC versus struggling consumer electronics companies