TSMC Reports Q3 Profit Decline Amidst Weak Consumer Electronics Demand

Taiwan Semiconductor Manufacturing Company (TSMC) reported a third-quarter profit of 211 billion New Taiwan dollars ($6.69 billion), which marked a significant decline in profit due to weak demand for consumer electronics.

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Tencent is still banking on Tesla, despite Musk’s Twitter controversies

Tencent is a Chinese multinational conglomerate holding company founded in 1998, with a diverse range of businesses, including internet-related services and products, entertainment, artificial intelligence, and technology.

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