Tokyo Electron (8035): Semiconductor Supply Chain at Risk of a Downturn
591 Views, 24 Jun 2022 09:46
- Nanya Technology has warned of a downturn that could last to the end of the year. This follows reports of procurement delays in response to excess inventory at Samsung.
- Inflation, the Fed's attempt to kill it with higher interest rates, and the growing risk of recession now threaten not only Tokyo Electron but the entire semiconductor supply chain.
- Record capital spending plans should be fully discounted. Potential delays and cutbacks now put a burden of uncertainty on the sector.