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Semiconductor boom near bottom?TSMC CEO says recovery expected in second half

TSMC held a law meeting on October 19, for next year's operating outlook, TSMC President Wei Zhejia said that artificial intelligence (AI) demand is still strong, although not all to make up for other applications, but the industry inventory adjustment continues, the current N3 (3nm) demand is higher than three months ago, contributing to TSMC's healthy growth in 2024。For the United States recently expanded the scope of restrictions on the export of advanced AI chips to mainland China, he believes that the new rules may lead to some products can not be shipped to mainland China, these days the company is assessing the impact.。At present, the impact on TSMC is small and controllable.。

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