Leading chip foundries TSMC (TSM) and UMC, who sell to dozens of major chip developers, report...

|By:, SA News Editor

Leading chip foundries TSMC (TSM) and UMC, who sell to dozens of major chip developers, report tepid sales figures for June. TSMC saw revenues rise only 1.5% Y/Y, while UMC's revenues fell 11.1% Y/Y. In addition, reports of possible capex cuts can't sit well with Applied Materials (AMAT) and other chip equipment makers.