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2024-08-02

Where is the connection here taking in what meta, Microsoft, Amazon said in their earnings..rubbish report

Stock Track | Taiwan Semiconductor Manufacturing Shares Tumble Amid Concerns Over AI Chip Demand

Shares of Taiwan Semiconductor Manufacturing Co. experienced a significant intraday decline of 5.21% on [movement_time] amid growing concerns over the demand for artificial intelligence chips.The sell-off in TSM stock appears to be driven by reports of protests by cross-border sellers on the e-commerce platform Temu. According to sources, hundreds of sellers have gathered outside Temu's office in Guangzhou, protesting the platform's alleged unreasonable fines and aggressive tactics. This devel

Stock Track | Taiwan Semiconductor Manufacturing Shares Tumble Amid Concerns Over AI Chip Demand

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(TSM) experienced a significant intraday decline of 5.21% on [movement_time] amid growing concerns over the demand for artificial intelligence (AI) chips.</p>\n\n<p>The sell-off in TSM stock appears to be driven by reports of protests by cross-border sellers on the e-commerce platform Temu. According to sources, hundreds of sellers have gathered outside Temu's office in Guangzhou, protesting the platform's alleged unreasonable fines and aggressive tactics. This development has raised questions about the sustainability of the current pricing strategies employed by bargain apps like Temu and Pinduoduo, which could potentially impact the demand for AI chips manufactured by TSM.</p>\n\n<p>Analysts have also pointed out that some of China's biggest online retailers, including Douyin and Alibaba's Taobao, are shifting their focus from prioritizing ultra-low prices to increasing total online sales. 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This development has raised questions about the sustainability of the current pricing strategies employed by bargain apps like Temu and Pinduoduo, which could potentially impact the demand for AI chips manufactured by TSM.\nAnalysts have also pointed out that some of China's biggest online retailers, including Douyin and Alibaba's Taobao, are shifting their focus from prioritizing ultra-low prices to increasing total online sales. 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