TSMC anticipates over 10% growth in semiconductor industry, excluding memory chips

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23rd May 2024 – (Hsinchu) Senior vice-president Cliff Hou of Taiwanese chipmaker TSMC expressed optimism about the future of the semiconductor industry. TSMC expects a remarkable growth rate of more than 10% this year, excluding memory chips.

This optimistic outlook aligns with the increasing demand for semiconductors across various sectors, including automotive, consumer electronics, and telecommunications.