Taiwan Semiconductor Manufacturing Company has posted nearly US$9.8 billion in revenue for October. But recent reports that the company will end sales of certain products to some Chinese companies could mean a drop in future figures.
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00:00The world's largest chip maker posted record revenue in October
00:05TSMC brought in nearly 9.8 billion US dollars last month
00:08That's nearly 25% growth over September and almost 30% jump compared to the same period last year
00:15Chip demand for smartphones and AI computing fueled the company's soaring sales
00:20Its future revenue
00:21However could see a dip as recent reports indicate that the company will stop selling chips made using the 7 nanometer process and below
00:30Chinese AI firms
00:31That's after the Taiwanese company's chips were found in products from Huawei a Chinese company sanctioned by the US government
00:39The move will bring TSMC's practices in line with US regulations