09-12-2022 16:03 via macdailynews.com

TSMC revenue surges 50% in November despite quixotic ‘Zero COVID’ lockdowns

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 50% increase in November sales, a month challenged by slumping consumer electronics demand and the Chinese Communist Party’s quixotic “Zero COVID” disruptions in China rippled throughout the supply chain.Debby Wu for Bloomberg News:The world’s biggest maker of made-to-order chips reported revenue of NT$222.7 billion ($7.3 billion) for the period, adding to a long streak of increasing sales that was supercharged by a
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