Taiwan Semiconductor (NYSE:TSM) has cautioned that the red-hot growth in the chip industry might be cooling down, citing a potential decline in automotive chip demand. What Happened: The world’s largest chipmaker, TSMC, has revised its growth forecast for the chip market, excluding memory chips, to 10%, down from the previous projection of “more than 10%,” the company said in a post-earnings call. The company’s CEO, C.C. Wei, attributed this shift to a potential decrease in demand for automotive chips, a sector that TSMC had previously anticipated would continue to grow throughout the year. “L…