While the world has largely recovered from the chip shortage of 2020 to 2023, only 26% of organisations that rely on them currently feel that their supply is sufficient.

This was the stock's second consecutive day of losses.

Intel, STMicroelectronics, Texas Instruments, NVIDIA and SUMCO are part of the Zacks Industry Outlook article.

Arizona State University will become the home of a new national laboratory for researching the way semiconductors are packaged.