TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net profit down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales lag (Nikkei Asia)

Nikkei Asia:
TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net profit down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales lag  —  Taiwan chipmaker logs quarterly net profit drop on consumer electronics slump  —  Sluggish demand for smartphones …