Chip Industry Week In Review

TSMC has shaken up the semiconductor industry by instructing equipment vendors to postpone deliveries of cutting-edge tools, citing uncertain demand, Reuters reports. This directive sent shockwaves through the stock market, causing a dip in the share prices of major equipment providers. On a different note, TSMC disclosed that shortages in advanced packaging materials will restrict AI chip shipments for the next 18 months, as per NikkeiAsia. In a move to bolster the global semiconductor landscape, the United States and Vietnam inked a memorandum of cooperation. This strategic partnership aims to enhance Vietnam's semiconductor ecosystem and support U.S. industry. Notably, key American chip giants, including Intel and GlobalFoundries, solidified connections during President Biden's visit to Vietnam.
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