Shares of semiconductor and chip stocks are trading lower. TSMC has reportedly told its suppliers to postpone the delivery of high-end chipmaking equipment amid demand uncertainty.
Portfolio Pulse from Benzinga Newsdesk
Shares of semiconductor and chip stocks are trading lower due to demand uncertainty. TSMC has reportedly asked its suppliers to delay the delivery of high-end chipmaking equipment.
September 15, 2023 | 4:05 pm
News sentiment analysis
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NEGATIVE IMPACT
Applied Materials, a supplier to TSMC, may see a negative impact on its stock due to the delay in delivery of high-end chipmaking equipment.
As a supplier to TSMC, Applied Materials could face a decrease in orders due to the delay in delivery of high-end chipmaking equipment, which could negatively impact its revenues and stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
NVIDIA, a customer of TSMC, may face supply chain disruptions due to the delay in delivery of high-end chipmaking equipment, potentially impacting its stock negatively.
As a customer of TSMC, NVIDIA could face supply chain disruptions due to the delay in delivery of high-end chipmaking equipment, which could negatively impact its operations and stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
TSMC's stock may be negatively impacted due to the reported delay in delivery of high-end chipmaking equipment amid demand uncertainty.
TSMC's decision to delay the delivery of high-end chipmaking equipment indicates a potential slowdown in production, which could negatively impact the company's revenues and subsequently its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100