Chipmaking Vendors Fumble The Bag
Chipmaker suppliers ASML Holding and Lam Research reported today, offering an important read on the tech sector. 🕵️
Both struggled throughout the pandemic to keep up with demand from chipmakers like Samsung and AMD, which poured billions into expansion to keep up with customer appetite. Now with supply chains settling down, investors are watching closely to see what their outlooks mean for the volatile semiconductor industry. 🏭