Taiwan Semi slumps after reported diss of U.S. chip efforts, analog-chip downgrades also drag on semiconductor sector
October 24, 2022 at 13:44 PM EDT
Chip stocks lagged the broader market Monday following a report that Taiwan's fabrication industry is pessimistic about U.S. efforts to lessen its reliance on foreign capacity, along with a string of downgrades in the analog-chip segment.