Reported about 1 month ago
The semiconductor industry is experiencing a significant divide, with companies capitalizing on artificial intelligence (AI) growth contrasting sharply with those struggling in other sectors. ASML has cut its sales forecast amidst weakened demand in traditional markets, raising concerns about the broader chip market's health. While some firms like Taiwan Semiconductor Manufacturing Co. report stabilization thanks to AI, many equipment makers, including ASML, face harsh realities. Investing strategies are increasingly focused on AI-driven companies, as overall sales are projected to rise significantly, especially for leading firms like Nvidia.
Source: YAHOO