ASML Holding N.V. (ASMLF)
- Motley Fool
3 Semiconductor Stocks That Could Help Set You Up for Life
Many semiconductor stocks slumped this year as investors fretted over concerns about slowing sales of PCs and smartphones, the potential overproduction of chips in response to the global chip shortage, and more conservative enterprise spending in a tougher macro environment. As a result, the Philadelphia Semiconductor Sector index has declined about 24% this year as the S&P 500 retreated just 12%.
- Bloomberg
Huawei Books First Sales Rise Since US Sanctions Hit Its Phones
(Bloomberg) -- Huawei Technologies Co. reported its first quarterly sales rise since the end of 2020, as the Chinese telecom gear giant fights to survive the US blacklisting that sank its smartphone business.Most Read from BloombergAnshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59Author Salman Rushdie Stabbed on Lecture Stage in New YorkExtreme Heat Uncovers Lost Villages, Ancient Ruins and ShipwrecksTrump Search’s Revelations Open New Political Front for MidtermsTrump Calls for Relea
- Bloomberg
China’s SMIC Warns of ‘Rapid Freeze’ as Smartphone Demand Skids
(Bloomberg) -- Semiconductor Manufacturing International Corp. warned that clients in sectors such as smartphones were freezing orders, underscoring how a downturn in consumer electronics demand is hurting the chip sector.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsThree Days After Vote, Result Hangs in the Balance: Kenya UpdateChina Has Painted Itself Into a Semiconductor CornerGarland Seeks to Unseal T
