Arizona Real Estate (Bubble)

irvinehomeowner said:
LL predicting pain in chips?

Now it all makes sense. :)
Click to expand...

I tried to warn poor Sleepy... AMD dropped a cool 40% in the months after this conversation.

And this morning we get more horrible news from another chip behemoth:

Samsung loses billions on chips as overall profits decline 95 percent​

Weak demand meant the world’s largest memory chipmaker saw a $3.4 billion loss from its semiconductor business.​

A few different factors contributed to Samsung’s losses at its memory chip division. Smartphone and PC makers stockpiled chips during the pandemic as a hedge against supply issues as demand boomed, but have since been left with large inventory excesses as consumer demand has dropped off amidst high inflation and broader global economic uncertainties.

www.theverge.com

Samsung loses billions on chips as overall profits decline 95 percent

But smartphone performance was better.
www.theverge.com www.theverge.com
 
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