FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration
THE chip industry, which saw rampant growth for most parts of 2020 to 2022, is now at the point of a major correction.
Giants in the industry such as Samsung Electronics Co, Taiwan Semiconductor Manufacturing Co (TSMC) and Advanced Micro Devices (AMD) have all issued warnings.
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