Mounting concern over semiconductor demand is sending shudders through Asia’s high-tech exporters, which historically serve as a bellwether for the international economy.
Browsing: Nvidia
Even in an industry famous for its roller-coaster cycles, chip makers are bracing for a particularly severe shift in coming months.
Gaming companies are facing a slowdown in demand for videogames from pandemic highs, raising doubts about their ability to weather a downturn.
Nvidia warned its second quarter revenue would drop by 19% on weakness in its gaming business, sending the chip designer’s shares tumbling.
The turmoil in the cryptocurrency industry has taken a toll on a corner of the tech world that once benefited from crypto’s rise.
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In episode 5 of Everything PC, Gerhard Pretorius and Duncan McLeod discuss Nvidia, and why it is admired, feared and even loathed in the computer industry.
It’s only six months since Nvidia was being hailed as Wall Street’s next $1-trillion technology stock. The memory now seems distant.
Megacap US technology stocks are sinking again along with hopes that this year’s selloff had reached the point of exhaustion.
ASML is building machines the size of double-decker buses, weighing over 200t and costing $400-million, in pursuit of the next generation of computer chips.