TSMC's Dismal Outlook Muddies Picture for iPhone Demand
Visitors wait at the lobby inside the Taiwan Semiconductor Manufacturing Co. (TSMC) headquarters in Hsinchu, Taiwan. (Photographer: Maurice Tsai/Bloomberg)

TSMC's Dismal Outlook Muddies Picture for iPhone Demand

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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. forecast quarterly revenue sharply below projections, underscoring the deepening slowdown in both iPhone sales and the global economy.
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