Chip stocks dropped on Wednesday on the announcement by ASML, a significant manufacturer of machinery used in semiconductor manufacturing, of a 61% sequential decline in bookings for the first quarter. The equipment required to produce the world’s most sophisticated semiconductors, which may cost hundreds of millions of dollars apiece, are …
Read More »Semiconductors pressured on Taiwan’s geopolitical row
Truth to tell US House Speaker Nancy Pelosi left Taiwan but the visit has put commodities and supplies in focus once again on the island’s critical role in the global chip supply chain and in particular on the world’s biggest chipmaker, namely, TSMC.The controversial visit, which angered Beijing, was a …
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