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Chip outlook depends on tech giants not cutting too deeply

wsj
The updates from Nvidia and Micron show the chip industry is still mired in a major slowdown, with the timing of a recovery unclearPremium
The updates from Nvidia and Micron show the chip industry is still mired in a major slowdown, with the timing of a recovery unclear

Cost 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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