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Apple will sustain chip order volume, but TSMC will have a tough quarter anyway
Tuesday January 16, 2024. 12:59 PM , from AppleInsider
TSMC is expected to announce a 23% drop in profit for the fourth quarter, but analysts say Apple will continue to keep its orders 'steady' for the immediate future.TSMCApple chip partner TSMC is anticipated to report a net profit of T$226.4 billion ($7.21 billion) for the three-month period ending in December, analysts forecast, ahead of Thursday's results release for the company.The figure, compiled by LSEG SmartEstimate from 20 analysts and reported by Reuters, is a considerable drop from the year-ago quarter's T$295.9 billion in net profit. Continue Reading on AppleInsider | Discuss on our Forums
https://appleinsider.com/articles/24/01/16/apple-will-sustain-chip-order-volume-but-tsmc-will-have-a...
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