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Nvidia and Intel Drop After Taiwan Semi’s Earnings. Why AI Isn’t Helping All Chip Stocks.

Por: MarketWatch Business July 20, 2023

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TSMC makes the main processors inside (AAPL) iPhones, Qualcomm (QCOM) mobile chipsets, and processors made by Advanced Micro Devices (AMD). “Our second quarter business was impacted by the overall global economic conditions, which dampened the end market demand, and led to customers’ ongoing inventory adjustment,” said Chief Financial Officer Wendell Huang in a statement. While TSMC is expected to eventually gain from the growth in AI... + full article



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