Taiwan Semiconductor Manufacturing Corporation (TSMC)

Chipmakers Warn That The Chip Boom Is Over—And Manufacturers’ Frantic Stockpiling Is Partly To Blame

Chipmakers Warn That The Chip Boom Is Over—And Manufacturers’ Frantic Stockpiling Is Partly To Blame

Global chipmaker shares jumped on Thursday after Taiwan Semiconductor Manufacturing Corporation (TSMC) reported a record 76.4 percent increase in second-quarter profit year on year. The Philadelphia Semiconductor Index, which tracks major global chipmakers like Intel Corporation, Qualcomm, ASML Holding, and Nvidia Corporation, as well as TSMC, rose by 1.9 percent.

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