Saturday, January 13, 2024

US chipmaker Wolfspeed was the only stock in the Philadelphia Stock Exchange Semiconductor index to decline in 2023, amid struggles at its new plant in NY (Ian King/Bloomberg)

Ian King / Bloomberg:
US chipmaker Wolfspeed was the only stock in the Philadelphia Stock Exchange Semiconductor index to decline in 2023, amid struggles at its new plant in NY  —  - Wolfspeed investors have soured amid struggles with new plant  — The semiconductor stock is off to a rough start this year



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...