Is Semiconductor Sector Hinting at Weakness in Economy?
June 17, 2019 at 11:34 AM EDT
A broad slowdown in demand, including China were the prime culprits in Broadcom reporting lower-than-expected earnings results recently. It dealt a blow to the semiconductor industry, but more importantly, could portend to broader weakness in the international economy as fears of a global economic slowdown could be showing up in the sector.