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TSMC becomes No.1 Chip Company

September 8, 2022

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Samsung drops to second place and Intel is expected to fall to third.

IC Insights has reduced its worldwide IC market growth forecast for 2022 from 11% to 7%.

The downgraded expectation for this year is almost entirely due to the collapse of the memory market in the second half of 2022.

Most memory companies expect this inventory adjustment period to extend into at least early 2023.

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