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Apple’s Chip maker Braces For Dampening Crypto Mining Demand

The world’s largest independent semiconductor foundry, Taiwan Semiconductor Manufacturing Company (TSMC) predicted that its fourth-quarter revenue would increase by only a couple percentage points, forecasting revenues of 9.35 billion to 9.45 billion. Its 2017 fourth-quarter revenue was 9.2 billion. Taiwan is not only the world’s largest semiconductor foundry, but it …

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