Investegate | Company Announcement
Investegate announcements from Portfolio Update
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Investegate announcements from Portfolio Update
Suppliers currently expect the delay to be short-term
TOKYO/SINGAPORE/AMSTERDAM (Reuters) -Taiwan's TSMC has told its major suppliers to delay the delivery of high-end chipmaking equipment, as the world's top contract chipmaker grows increasingly nervous about customer demand, two sources familiar with the matter said. Shares in TSMC suppliers including Dutch-based ASML declined following the Reuters report. The instruction by TSMC, which is grappling with delays at its $40 billion chip factory in Arizona, is aimed at controlling costs and reflects
The instruction by TSMC, which is grappling with delays at its $40 billion chip factory in Arizona, is aimed at controlling costs and reflects the company's growing caution about the outlook for demand, the sources said. Get more Technology News and Business News on Zee Business.
Taiwan's TSMC has told its major suppliers to delay the delivery of high-end chipmaking equipment, as it grows increasingly nervous about customer demand.