Analysis: the ten leading chip companies cut their fiscal 2024 capex by a combined $9.5B from initial plans due to a weakening demand for smartphones and EVs (Nikkei Asia)

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Nikkei Asia:
Analysis: the ten leading chip companies cut their fiscal 2024 capex by a combined $9.5B from initial plans due to a weakening demand for smartphones and EVs  —  TOKYO/SEOUL — The 10 leading global semiconductor companies are cutting capital spending from initial plans in the face …

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