Tag: Semiconductor industry news
Tech Industry Update: Intel Faces Worst Year, Broadcom Sees Record Gain
Broadcom Soars as Intel Falters
Broadcom, the chip conglomerate headquartered in Palo Alto, California, had an outstanding year in 2024, with its stock price skyrocketing by 111%. In contrast, Intel, the 56-year-old chipmaker, experienced its...
ASML Stock Drops 15% on Warning of Weaker China Sales
Shares of semiconductor equipment maker ASML took a significant hit on Tuesday, dropping by 15.6% following the release of disappointing sales forecasts. The Dutch company revealed that it expects net sales for 2025 to...