The bad news from the semiconductor industry continues as more chip companies report falling demand, with only TSMC bucking the trend and delivering higher than expected earnings for the quarter just ended.
AMD has also just warned investors that its revenue for the third quarter is likely to be $5.6 billion, a drop of 16 percent from the $6.7 billion figure it was previously predicting. As detailed in our Kioxia, formerly Toshiba Memory, also gave notice that it is cutting its wafer start production volume at its Japanese manufacturing plants by approximately 30 percent from this month in response to falling demand.
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