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A microchip material maker sees its worst day in 11 years. Citadel wins big.

A microchip materials manufacturer that counts Taiwan Semiconductor, GlobalFoundries and STMicroelectronics as clients saw its stock plunge on Thursday after cutting its sales outlook, citing worsening conditions in the automotive and consumer markets.

Chatty NewsChatty News
Feb 6, 2025 - 03:00
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A microchip material maker sees its worst day in 11 years. Citadel wins big.
A microchip materials manufacturer that counts Taiwan Semiconductor, GlobalFoundries and STMicroelectronics as clients saw its stock plunge on Thursday after cutting its sales outlook, citing worsening conditions in the automotive and consumer markets.
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