Tag: chipmakers

Asian chipmakers fall, TSMC down 6% as demand warning offsets strong earnings

 stock analyst  04/19/2024  0 Comments on Asian chipmakers fall, TSMC down 6% as demand warning offsets strong earnings

Investing.com– Asian chipmaking stocks fell sharply on Friday after sector major TSMC flagged a weak outlook for the semiconductor industry, even as demand from artificial intelligence helped the firm clock stronger first-quarter earnings.