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What happened to the Philadelphia Stock Exchange semiconductor index?

The announcement spurred a two-day rout of more than 9 percent in the Philadelphia Stock Exchange Semiconductor Index, which closed on Monday at its lowest level since November 2020.

Do Chipmakers have plans for new US factories?

Chipmakers have plans for new US factories. But not enough workers to run them. Chipmakers have plans for new US factories. But not enough workers to run them. Intel, TSMC, and others have invested $231 billion alongside Biden's signature semiconductor law but face a headwind: "The workforce issues are real."

Who is the world's largest chipmaker?

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, plunged a record 8.3 percent, while Samsung Electronics Co and Tokyo Electron Ltd also declined.

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