TSMC continues to see strong revenue growth despite a bleak outlook from numerous semiconductor companies.
(Bloomberg) -- Tudor Brown, the former president of Arm Ltd., has resigned from the board of Semiconductor Manufacturing International Corp., stepping away from the Chinese chipmaker that has been hit with US sanctions.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyChina Has Painted Itself Into a Semiconductor CornerThe Fed’s Damage to the Housing Market May Last YearsDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsMedia Tallies Show Extreme
This has been a bad week for semiconductor stocks so far, with NVDA and MU warning of significant demand destruction.