The bad news is piling up for chipmakers

The bad news is piling up for chipmakers

The months follow one another and look alike for semiconductor manufacturers.

There’s a continuous cycle of bad news for these companies whose chips power nearly all of the tech hardware we use in our daily lives, whether it’s phones, laptops, PCs, video games, televisions, electronic devices, cars, etc.

Companies also need their microprocessors and graphics cards in their daily operations, whether for their data center or cloud.

For months, fears of a hard landing for the economy due to aggressive interest rate hikes by the Federal Reserve to fight inflation at a 40-year high have been a headache since the beginning of the year for Nvidia. (NVDA) Advanced micro-systems (AMD) Intel (INTC) Micron (IN) and Qualcomm (COMQ) .

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