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Chip stocks slide as Samsung, AMD expect big drop in demand

Por: New York Post Tech October 07, 2022

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Dire forecasts from Samsung Electronics and Advanced Micro Devices sent chip-related shares lower on Friday, sparking fears that a slump in demand for semiconductors could be much worse than expected. AMD, Nvidia, Intel, Qualcomm and Micron Technology were down between 2.9% and 14%, weighing on smaller peers such as Marvell Technology and Applied Materials. Samsung, the world’s top maker of memory chips, smartphones and televisions, is a... + full article



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