Yes, that's correct. However, it's important to note that some Taiwanese manufacturers in the low-end sector have begun to lay off staff to reduce costs. High-end processor manufacturing for AI, however, seems unaffected. Recent news also reports that Huawei is actively recruiting talent from TSMC and ASML to develop their own domestic EUV technology.$Taiwan Semiconductor Manufacturing(TSM)$
TSMC First-Quarter Profit Expected to Rise 5% on Strong AI Chip Demand
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
