US chip makers Intel and Nvidia face profit squeeze as new tax law passed.
$Intel (INTC.US)$ $NVIDIA (NVDA.US)$ $Micron Technology (MU.US)$ $Advanced Micro Devices (AMD.US)$
Semiconductor companies face both demand and supply shortcomings, just as the US passes legislation which may not only provide the sector some relief, but give US-based companies an edge over global competitors.
Semiconductor companies face both demand and supply shortcomings, just as the US passes legislation which may not only provide the sector some relief, but give US-based companies an edge over global competitors.
US-based chipmakers such as Intel, Nvidia, Micron and Advanced Micro Devices continue to face challenges regarding global supply chain disruptions, while the current economic slowdown has only added to their problems, causing an increase in inventories and a fall in profit margins as demand slows.
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