Chip outlook depends on tech giants not cutting too deeply
3 min read . Updated: 20 Nov 2022, 05:40 PM IST
PremiumCost reductions at Amazon, Facebook, Google and Microsoft could weaken capital spending that fuels major chip purchases
In what has been a confusing week for the chip industry, one thing is clear: its near-term fate may be in the hands of the same tech giants who are under a lot of pressure to slash their own costs.
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