The world's largest contract chipmaker reported the November surge thanks in part to orders of semiconductors for high-end smartphones such as Apple's iPhone.
in areas of the chip market in the face of rising prices, fears of a global recession and Covid disruptions in China.
"TSMC's Oct/Nov revenues are on track comparing to what the management guided 2 months ago, despite significant business slowdowns in many other semi names," Dale Gai, semiconductor analyst at Counterpoint Research, told CNBC via email.for Apple's iPhone and the latest semiconductor from Qualcomm contributed to the "majority of its seasonal strength."
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Georgia Win Ends Headaches of 50-50 Senate for DemocratsThe new 51-49 majority has enhanced Democrats’ power to more easily advance Biden’s nominees and have more flexibility on legislation.
Read more »
The 'Blue Marble': One of Earth's most iconic images, 50 years onTaken 50 years ago on Wednesday, the 'Blue Marble' has become one of the world's most widely reproduced photographs — and an icon of the environmental movement.
Read more »
USD/CAD: Loonie to see a short-lived rally on a BoC’s 50 bps hike – INGThe Bank of Canada (BoC) will announce monetary policy today. A 50 bps hike would likely send CAD higher, but the FX reaction should be short-lived, e
Read more »
USD/CAD: BoC’s 50 bps hike could spark knee-jerk buying in the Loonie – SocGenThe Bank of Canada (BoC) is expected to raise its policy rate by 50 basis points to 4.25%. Such a decision could spark knee-jerk buying in the Loonie,
Read more »
50 Best Music Videos of 2022 You Probably Missed Part 2: 40 - 31Our look at the greatest lesser-known videos of the year continues! Today we have dance numbers, demons, and daring battles on the top of speeding cars. Plug in your headphones and let's dive in! 40. Nerv, “Demons” Look, there have been a thousand metal videos filmed in insane asylums, but...
Read more »
50 Years at 5216 Montrose: The Contemporary Arts Museum HoustonOne of challenges that many postmodern artists have faced over the last 50 years is how to create something new that transcends human imagination and yet remains fresh and innovative in light of all of the radical and transformative art produced post World War II. When the master filmmaker Stanley...
Read more »