News Snapshot:
Cutting corners: The Taiwan semiconductor giant seemed to dodge the general malaise in the global tech sector throughout 2022, but falling consumer demand and other macroeconomic factors are finally catching up to it. However, analysts currently expect the company's fortunes to start turning around later in 2023. TSMC's financials in the fourth quarter of 2022 and the first quarter of 2023 are expected to show a decline with the company is reportedly renegotiating contracts as AMD, Nvidia, and MediaTek cut orders due to falling demand for their products. Sources have told DigiTimes that the utilization rates for TMSC 7nm and...
