Executives are saying the global semiconductor industry is bottoming out, indicating a rebound may occur in some areas of technology, Jiyoung Sohn and Asa Fitch of The Wall Street Journal report. Intel (INTC), Taiwan Semiconductor Manufacturing (TSM), TSMC, and Samsung (SSNLF) have expressed confidence the worst is over for the chip industry. Samsung cited growing demand for artificial intelligence and new personal computers and smartphones with more memory as reasons for its optimism.
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