boom

US chipmakers go from brutal boom to bust

US chipmakers go from brutal boom to bust

© FT editing/Dreamstime/Unsplash If Wall Street had any doubts about the speed at which the chip industry boom unraveled, surprisingly gloomy financial forecasts from companies like mobile chipmaker Qualcomm should have calmed them. “It’s kind of an unprecedented change in a short period of time,” Akash Palkhiwala, the company’s chief financial officer, told analysts this …

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