are treading on shaky ground despite last week’s rally, as chip makers signal more trouble may be ahead in an industry notorious for its booms and busts.
There’s a palpable fear that the semiconductor cycle has begun to turn negative and demand is slowing Samsung Electronics added to concerns this week after a senior executive at the world’s largest chip maker said the outlook for the second half of the year is gloomy and it isn’t seeing momentum for a recovery in 2023. That followed weak sales forecasts from companies such as Micron Technology and Western Digital.
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