Shares of suppliers to Apple drop after an iPhone chip partner predicts ‘weak demand’ for smartphones
https://www.cnbc.com/2018/04/19/apple-suppliers-drop-after-chip-partner-predicts-weak-demand-for-phones.html
A disappointing forecast from a key Apple chip partner is driving shares of iPhone suppliers lower.
Taiwan Semiconductor Manufacturing said Thursday its revenue forecast range for the second quarter is $7.8 billion to $7.9 billion versus the Wall Street estimate of $8.8 billion.