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 BloombergDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialMedia Tallies Show Extremely Tight Presidency Race: Kenya UpdateUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedRu
This has been a bad week for semiconductor stocks so far, with NVDA and MU warning of significant demand destruction.