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Insights Semiconductor TSMC

TSMC led the global semiconductor foundry market by 57% in Q2 2023 [CHART]

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Updated
TSMC led the global semiconductor foundry market by 57% in Q2 2023 [CHART]
Photo by Robin Glauser / Unsplas

The semiconductor foundry industry is grappling with the impact of a global economic downturn and subdued demand in key sectors like PCs, smartphones, and consumer electronics in the second quarter of 2023, as reported by Counterpoint.

Sectors like automotive and industrial applications also displayed signs of softness but continue to exhibit relative resilience. On the other hand, there's robust demand in the artificial intelligence (AI) sector.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Updated

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