Semiconductor Stocks Mixed with AMD up 3%
Tiger Newspress09-04
Semiconductor stocks mixed in morning trading. ASML fell 3.6%; Arm fell 3.1%; Nvidia, Intel fell 1.4%; Broadcom fell 0.5%; TSMC, Qualcomm rose 0.9%; AMD rose 2.7%.
Intel's contract manufacturing business has potentially seen a setback after tests with Broadcom failed, Reuters reported, citing people with knowledge of the matter.
Broadcom's tests involved sending silicon wafers through Intel's advanced manufacturing process called 18A. Last month, after Broadcom received the wafers back from Intel and evaluated the results, Broadcom found that the manufacturing process was not yet viable to move to high-volume production, the report added.
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