This was said by the TSMC. The company that produces components for chip manufacturers, for example Bitmain, has announced their forecast by providing information on revenues of $7.85 billion. The figure represents a 7.2% decline compared with the previous quarter. However, this is 11.2% more than in the same period last year. In the announcement, the representative of the TSMC called the demand from miners “high”. Lora Ho, senior vice president and chief financial officer of the TCMC, said that their income in the second quarter had been affected by the seasonality of the product, despite the continued high demand for mining and a very favorable exchange rate. He added that in the third quarter, they expected growth in the use of their products after the launch of 7 technological innovations, based on the TSMC, at the time of decline in demand for the digital currency. The statement looks strange, especially after the company announced the upcoming steady demand at the beginning of the year. |