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Fri, Sep 30, 2022
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TSMC & UMC profit margins likely to benefit from a strong dollar

Judy Lin, DIGITIMES Asia, Taipei 0

The aggressive interest rate hikes of the US Federal Reserve have pushed the dollar index above 111 to hit a 20-year high, triggering an 11.7% depreciation of the Taiwan dollar against the greenback since the beginning of 2022. However, Taiwan semiconductor...

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