Dutch semiconductor equipment maker ASM International said on Tuesday new orders almost halved in the second quarter due to softening demand and delays at some customers' manufacturing facilities.
It also reported second-quarter net earnings of 151.2 million euros, down from 160.4 million a year ago. The world's largest contract chipmaker, TSMC, forecast last week a drop of around 10 per cent in 2023 sales and flagged investment spending at the low end of estimates, sending U.S. and European chip stocks into the red.
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