Taiwan Semiconductor Manufacturing Corporation (TSMC), the largest contract semiconductor manufacturer (they manufacture other companies' chip designs), released last night that beginning in April the company will cancel all unpaid leave for employees as orders have picked up.
More signs of semiconductors bottoming, but I wouldn't be to excited about the slope of the recovery in this weak demand environment.
The stock traded down a little last night but that's the way it goes in markets with no Reg FD. If you ask a company, "how's business?", instead of saying, "as we said on our last conference call...", they might tell you.
More signs of semiconductors bottoming, but I wouldn't be to excited about the slope of the recovery in this weak demand environment.
The stock traded down a little last night but that's the way it goes in markets with no Reg FD. If you ask a company, "how's business?", instead of saying, "as we said on our last conference call...", they might tell you.
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