Chip Stocks Tumble as ASML Warns of Weak Demand 🚨💹
ASML’s lower sales forecast sparks global chip stock selloff, highlighting AI demand surge versus traditional chip struggles. 📉💻
TechEconomy
Malaysia Aims for $100B Semiconductor Boom 💡🌏
Malaysia targets $100B+ in semiconductor investments to boost its position as a global tech manufacturing hub, with major companies already on board. 🌐💻
Apple’s Zhengzhou Hub Bounces Back Post-COVID 🚀📱
Apple’s Zhengzhou production hub, led by Foxconn, recovers to peak output post-COVID as China’s economy rebounds. IMF forecasts 5.2% growth for 2023. 🌍📈
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