Scalper1 News
Chip stocks plummeted Friday amid anxiety that the semiconductor industry has entered a downcycle, though analysts differ on just how broad-based any slowdown might be. A warning by Microchip Technology (MCHP) that sales in the most recent quarter will fall shy of previous guidance, word that it will cut wafer starts in factories and claims by CEO Steve Sanghi that “another industry correction has begun” got Scalper1 News
Scalper1 News