Semiconductor stocks fall due to weak demand

Jamie McKane

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Semiconductor stocks fall due to weak demand

Semiconductor stocks are having a rough day as concern about weakening industry demand drags the sector lower.

KLA-Tencor Corp., which makes equipment used in the production of semiconductors, softened its outlook for the remainder of the year as the December quarter “feels like it will be up a little less” than originally expected.

[Bloomberg]
 
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