Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) will report low sequential revenue growth in Q2, according to estimates from local market watchers via Economic Daily News and Commercial Times.

The market watchers estimate a 3% sequential increase in Q2 revenues offset by a 1% to 2% drop in demand for ASICs and handset chips. 

The performance estimate is blamed on ASIC demand slowdown for cryptocurrency mining. 

TSMC will report Q2 earnings on April 19. 

TSMC shares are up 0.5% to $42.86.  



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