The world’s largest contract chip maker finished 2022 on a high note. But with a recession—or at the very least slower growth—lurking around the corner in the U.S., 2023 will probably be a much more challenging year.
Taiwan Semiconductor Manufacturing Co., which counts most of the biggest chip designers including Apple Inc. and Nvidia Corp. as its customers, is a bellwether for the chip industry. And the signal it is sending is worrying—at least for the first hal
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