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TSMC Growth Slows As AI Rally Cools
Description
TSMC reported its slowest monthly revenue growth since February, raising questions about the sustainability of the AI-driven chip boom. Despite this, TSM’s ADRs rose in premarket trading, while concerns grow over whether the semiconductor rally is peaking. Nvidia’s Jensen Huang recently met with TSMC CEO C.C. Wei to request more chip supply amid tight capacity.
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