Day

July 20, 2023
  TSMC, world’s largest chipmaker, faces Q2 profit plunge amid declining consumer electronics demand. Q3 expected to improve with 3-nanometer technologies ramp-up. Smartphone market shows early signs of recovery. Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, posted a second-quarter profit plunge Thursday as demand for consumer electronics continues to slump. Here are TSMC’s second...
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Elon Musk
Tesla’s Q2 revenue reached $24.93B, but lower margins were due to price cuts. Uncertain Cybertruck and Robotaxi delivery dates caused the stock to drop. R&D focuses on AI and Dojo supercomputers. Musk discusses Neuralink integration. Tesla reported earnings after the bell, showing a record for quarterly revenue but lower margins thanks to price cuts and...
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