Did the US invite TSMC to "drink coffee" because of the Huawei incident? Liu Deyin said it was absolutely not the case

There have been recent rumors that the U.S. Department of Commerce sent someone to visit TSMC and asked it not to ship chips to Huawei. At TSMC's shareholders meeting held today (5), Chairman Liu Deyin solemnly clarified that this was absolutely not the case.

       Liu Deyin pointed out that in the first half of this year, due to the poor demand for high-end smartphones, high industry inventory levels, and the ongoing Sino-US trade negotiations, the reaction policy changes of various countries also affected the demand for semiconductor terminals, which indirectly affected the order status of TSMC's customers. Therefore, TSMC's overall operations were slightly weak in the first half of the year.

       However, Liu Deyin expects that there will be better growth in the second half of the year, and revenue in the third and fourth quarters is expected to continue to grow. The overall revenue in the second half of the year will also be better than the second half of last year.

       Liu Deyin also said that in the medium and long term, TSMC must be a good investment target for investors, and they should not let foreign capital take the lead.