stock index has deepened its losses after this week’s interventions by US presidential candidates, but analysts played down market jitters over chipmakers, saying the artificial intelligence boom would continue to support demand.
ASML, the Dutch maker of chip manufacturing equipment and a key player in the industry, fell a further 3.9% on Thursday. Dan Coatsworth, an analyst at the London stockbroker AJ Bell, said: “TSMC joins ASML this week in delivering robust figures, yet both companies are seen as vulnerable to a clampdown by the US on the semiconductor industry.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX dips, tech stocks fall after Nasdaq has its worst day since 2022Local technology shares tracked their US peers lower, dragging down the ASX benchmark on Thursday, with interest-rate sensitive sectors also sliding amid the sell-off.
Read more »
ASX dips, tech stocks fall after Nasdaq has its worst day since 2022Local technology shares tracked their US peers lower, dragging down the ASX benchmark on Thursday, with interest-rate sensitive sectors also sliding amid the sell-off.
Read more »
ASX dips, tech stocks fall after Nasdaq has its worst day since 2022Local technology shares tracked their US peers lower, dragging down the ASX benchmark on Thursday, with interest-rate sensitive sectors also sliding amid the sell-off.
Read more »