Jeremy Miller4
reacted to
$Meta Platforms (META.US)$ - news release from ABC news Today (11/9) at 4:57PM ET
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Jeremy Miller4
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Jeremy Miller4
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Confirmation of the slowdown in electric-vehicle and overall auto sales has been given by chip companies, leading to concerns among investors that this trend will continue into next year.
$ON Semiconductor (ON.US)$ and $Lattice Semiconductor (LSCC.US)$ both received less business than expected from automotive customers. On expeced to ship $200 million less this year of its silicon carbide chips used in EVs, and forecast revenue of $1...
$ON Semiconductor (ON.US)$ and $Lattice Semiconductor (LSCC.US)$ both received less business than expected from automotive customers. On expeced to ship $200 million less this year of its silicon carbide chips used in EVs, and forecast revenue of $1...
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