![Falling demand for hardware hits TSMC as Nvidia, AMD, others slash orders](https://static.techspot.com/images2/news/ts3_thumbs/2022/06/2022-06-17-ts3_thumbs-1dc.jpg)
TSMC's financials in the fourth quarter of 2022 and the first quarter of 2023 are expected to show a decline with the company is reportedly renegotiating contracts as AMD, Nvidia, and MediaTek cut orders due to falling demand for their products.
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