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Dutch firm ASML led the semiconductor rout, falling 16% after it cut 2025 sales guidance. ... 2024 at 4:23 PM. ... Two things could still go wrong in the US economy and spark a recession, ...
"There is still no downturn in (demand for equipment) despite sluggish end markets for chips," he said. Separately, ASML's sales to China set a record at 2.79 billion euros, or 47% of its total ...
As of Dec. 13, Wolfspeed shares were down by more than 80% in 2024. Wolfspeed is a business in transition. In 2023, it divested itself of its RF devices arm to concentrate on silicon carbide ...
December 12, 2024 at 7:15 AM Although 2024 has been a successful year in the market, not every company has done so well. Perhaps even more surprising, a company vital to the semiconductor supply ...
On Semiconductor (NASDAQ: ON) and Axcelis Technologies ... both stocks have been hit by the current downturn in the EV market, which has delayed investments down the supply chain. ... 2024. Billy ...
ASML (NASDAQ: ASML) is known as a leader in the semiconductor industry. The company is the only maker of extreme ultraviolet (EUV) lithography machines are critical to the chipmaking process.
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock traded lower on Monday, following the broader semiconductor industry selloff. Artificial intelligence stocks, led by crucial Big Tech ...
The broader semiconductor sector is just emerging from a downturn that was caused by oversupply of memory chips and others for the PC market as device sales boomed during the height of the ...