Broadcom Inc sent a shockwave through the global chipmaking industry on Friday w...
LONDON/BENGALURU - Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company’s sales this year.
U.S. chipmakers Qualcomm, Applied Materials Inc, Intel Corp, Advanced Micro Devices Inc and Xilinx Inc were all down between 1.5% and 3%. “We’re talking about uncertainty in our marketplace, uncertainty because of the - of demand in the form of order reduction as the supply chain out there constricts - compress, so to speak,” Tan said.
Broadcom, known for communications chips that power Wi-Fi, Bluetooth and GPS connectivity in smartphones, is also a major supplier to Apple Inc and shares of the iPhone maker were down 1%.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Broadcom's $2 billion warning shocks global chip sectorLONDON/BENGALURU - Broadcom Inc sent a shockwave through the global chipmaking i...
Consulte Mais informação »
Tendulkar sues Australian cricket bat maker over $2 million in royaltiesIndian cricket great Sachin Tendulkar has filed a civil lawsuit against an Austr...
Consulte Mais informação »
Gas prices could fall below $2 for many AmericansHere's some good news for drivers in the United States: Gasoline could fall below $2 a gallon for many Americans later this year.
Consulte Mais informação »
7 Entrepreneurs Shaking Up The Food IndustryShaking up the $2 trillion US food industry: Grounds and Hounds sells coffee to rescue pups. Leah's Plate offers easy recipes. Ready, Set, Food! helps prevent allergies. Fody helps eliminate IBS. Proper Food makes to-go healthy. Tannor's Tea sells sugar-free matcha. Pono Wines are made with aloha.
Consulte Mais informação »
Broadcom's $2 billion warning shocks global chip sectorLONDON/BENGALURU - Broadcom Inc sent a shockwave through the global chipmaking i...
Consulte Mais informação »