Semiconductor stocks lagged the broader market Wednesday after South Korea announced plans for the world's largest chip-making complex.
Semiconductor stocks lagged behind the broader market Wednesday after South Korea announced plans for the world’s largest chip-making complex and one analyst pointed to shorter lead times at chip makers could result in cancellations.
Earlier Wednesday, Samsung Electronics Co. 005930 said it would contribute about $228 billion over the next 20 years to building what South Korea is billing as what will be the largest single chip-making complex in the world. American depositary shares of direct competitor TSMC fell 3% in recent activity.
In a Wednesday note, Susquehanna Financial analyst Christopher Rolland said lead times — or the time it takes between placing an order and it being fulfilled — for the industry contracted for the ninth month in a row, another indication that the pandemic-triggered chip shortage of about two years is well behind us.
“We have heard from numerous companies this earnings season that FPGA LTs have been improving,” Rolland said. “We think this contraction may suggest the FPGA-heavy Networking end market may also be slowing,” meaning a negative for companies such as AMD, Broadcom, Marvell Technology Inc. MRVL .
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Samsung to invest $230 billion to build 'mega' chip clusterSamsung Electronics said Wednesday it expects to invest 300 trillion won ($230 billion) over the next 20 years as part of an ambitious South Korean national project to build the world’s largest semiconductor manufacturing base near the capital, Seoul.
Consulte Mais informação »
Samsung to invest $230 billion to build 'mega' chip clusterSEOUL, South Korea (AP) — Samsung Electronics said Wednesday it expects to invest 300 trillion won ($230 billion) over the next 20 years as part of an ambitious South Korean national project to build the world’s largest semiconductor manufacturing base near the capital, Seoul.
Consulte Mais informação »
Do the Samsung Galaxy A54 and the Samsung Galaxy A34 have microSD card slots?Both phones come with only up to 256GB of storage space, so they must also offer expandable storage, right?
Consulte Mais informação »
Samsung to spend $228 billion on the world's largest chip facility as part of South Korea tech planSamsung Electronics said Wednesday it plans to invest 300 trillion Korean won ($228 billion) in a new semiconductor complex in South Korea.
Consulte Mais informação »
Exclusive: Semiconductor manufacturer Infinera explores sale -sourceInfinera Corp , a U.S. manufacturer of semiconductors for the telecommunications industry that competes with China's Huawei, is exploring options that include a sale of the company, according to a person familiar with the matter.
Consulte Mais informação »
Samsung Electronics to invest $230 bln through 2042 in South Korea chipmaking baseSamsung Electronics Co Ltd on Wednesday said it will invest around 300 trillion won ($230 billion) by 2042 to develop what the government called the world's largest chip-making base, in line with efforts to enhance South Korea's chip industry.
Consulte Mais informação »