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chip supply glut

Coverage of chip supply glut in the Nexus archive.

Earliest in view: Jul 2 · 05:23 UTCMost recent: Jul 2 · 05:23 UTC
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  • BUSINESSJul 2 · 05:23 UTCAP NEWS
    Asian stocks mostly decline on a sell-off of chip shares

    Asian stocks mostly declined due to heavy selling of computer chip shares, with South Korea's Kospi and Japan's Nikkei 225 dropping significantly. U.S. chip stocks like Micron, Intel, and AMD also fell, driven by concerns over potential supply gluts despite rising AI demand.