TSMC Delays Chip Equipment Orders amid Slowing Demand

TSMC tells suppliers like ASML to delay delivery of high-end chipmaking equipment due to concerns about slowing customer demand.
The delay aims to help TSMC control costs amid growing caution about the demand outlook.
Suppliers expect the delay to be short-term for now.
TSMC is dealing with delays at its $40 billion Arizona chip plant.
The demand slowdown extends beyond TSMC, with Apple and other customers also worried about sluggishness in smartphones and other end markets.

reuters.com

Relevant topic timeline:

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