On March 8, the foundry of the wafer founder TSMC announced that its revenue in February reached 60.889 billion yuan (NTD, the same below), a 22% decrease, an annual decrease of 5.8%, a new monthly low since May 2017, at 22 Low in the month.
TSMC's February revenue hit a 22-month low, and may benefit from the Renesas shutdown in the future
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