Factors like a fall in demand and an increase in manufacturing capacity have led to a sharp chip cycle downturn, suggesting a bottom in the market may be near (Richard Waters/Financial Times)

Richard Waters / Financial Times:
Factors like a fall in demand and an increase in manufacturing capacity have led to a sharp chip cycle downturn, suggesting a bottom in the market may be near  —  Growing number of companies have issued weak sales and profit projections  —  If Wall Street had any doubts about the speed …