Chip Makers, Once in High Demand, Confront Sudden Challenges
Posted inBiden, Joseph R Jr Company Reports Computer Chips Computers and the Internet Economic Conditions and Trends Factories and Manufacturing Hynix Semiconductor Intel Corporation International Relations Lam Research Corporation Micron Technology Inc NVIDIA Corporation Smartphones

Chip Makers, Once in High Demand, Confront Sudden Challenges

Demand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.
Meta Quarterly Earnings: Profit Declines With Losses in Reality Labs
Posted inAntitrust Laws and Competition Issues Company Reports Computers and the Internet Facebook Inc Instagram Inc Meta Platforms Inc Metaverse (Internet) Online Advertising Social Media Virtual Reality (Computers)

Meta Quarterly Earnings: Profit Declines With Losses in Reality Labs

The social networking company, which is trying to shift into the so-called metaverse, posted falling sales and said it was “making significant changes” to operate more efficiently.