TOKYO/SEOUL -- The 10 leading global semiconductor companies are cutting capital spending from initial plans in the face of a capacity glut and weakening demand in areas such as electric vehicles and smartphones, while artificial intelligence is providing a rare source of strength.
Semiconductors
Chipmakers cut investment plans by $9.5bn on smartphone, EV slump
Intel, Samsung struggle as TSMC, SK Hynix enjoy AI boost
A number of chipmakers have reduced initially optimistic capital spending plans as demand outside AI has struggled to recover. (Photo by Mayumi Tsumita)
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