Apple supplier TSMC is expected to report a drop in profits soon, but business will recover in the third quarter because the company is producing the iPhone 15.TSMC profits are expected to decline year-over-yearOn Thursday, Taiwan Semiconductor Manufacturing Company (TSMC), a chip manufacturer based in Taiwan, is projected to reveal a 27% decrease in net profit for the second quarter of 2023. The decline is due to global economic challenges, which have affected the demand for semiconductors. Read more
