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Comes as no surprise as Spore electronic NODX has been shrinking YOY for the most part of this year. (of course, we can also say such NODX figures predicts 9 out of the last 5 semiconductor ear markets).
Nvidia, Applied Materials forecasts add to evidence that chip bull run is ending
CARNAGE in chipmaking stocks continued on Thursday, as Nvidia Corp and Applied Materials Inc issued disappointing sales forecasts for the current quarter, adding to evidence that a half-decade long bull run for the US$400 billion industry is coming to a close.
Applied Materials, the world's largest maker of equipment used in semiconductor production, projected first-quarter revenue that trailed estimates. Chief executive officer Gary Dickerson said on an earnings call that weaker demand in the server, personal computer and mobile markets are making his customers less willing to invest in new production. The stock fell as much as 9.5 per cent in late trading.
https://www.businesstimes.com.sg/compani...-is-ending
Nvidia, Applied Materials forecasts add to evidence that chip bull run is ending
CARNAGE in chipmaking stocks continued on Thursday, as Nvidia Corp and Applied Materials Inc issued disappointing sales forecasts for the current quarter, adding to evidence that a half-decade long bull run for the US$400 billion industry is coming to a close.
Applied Materials, the world's largest maker of equipment used in semiconductor production, projected first-quarter revenue that trailed estimates. Chief executive officer Gary Dickerson said on an earnings call that weaker demand in the server, personal computer and mobile markets are making his customers less willing to invest in new production. The stock fell as much as 9.5 per cent in late trading.
https://www.businesstimes.com.sg/compani...-is-ending