Overseas chip stocks fall after report on Apple iPhone production

European- and Asian-listed microchip stocks slumped Wednesday after Bloomberg News reported that Apple /zigman2/quotes/202934861/composite AAPL -2.00% won't boost supplies of the latest iPhone after lower-than-expected demand. STMicroelectronics slumped 5% in Paris, ASM International /zigman2/quotes/201180544/delayed NL:ASM -0.97% fell 4% in Amsterdam, Infineon Technologies /zigman2/quotes/204995926/delayed DE:IFX -0.78% dropped 3% in Frankfurt and Taiwan Semiconductor /zigman2/quotes/207385621/delayed TW:2330 -1.50% closed 2% lower in Taipei.

/zigman2/quotes/202934861/composite

Add to watchlist AAPL

Apple Inc.

US : U.S.: Nasdaq

$ 175.49

-3.58 -2.00%

Volume: 58.44M

Sept. 20, 2023 4:15p

P/E Ratio

29.49

Dividend Yield

0.55%

Market Cap

$2799.62 billion

Rev. per Employee

$2.34M

/zigman2/quotes/201180544/delayed

Add to watchlist NL:ASM

ASM International N.V.

NL : Netherlands: Euronext Amsterdam

€ 368.45

-3.60 -0.97%

Volume: 39,246

Sept. 21, 2023 10:34a

P/E Ratio

29.73

Dividend Yield

0.68%

Market Cap

€18.61 billion

Rev. per Employee

€637,317

/zigman2/quotes/204995926/delayed

Add to watchlist DE:IFX

Infineon Technologies AG

DE : Germany: Frankfurt

€ 31.32

-0.25 -0.78%

Volume: 1,898

Sept. 21, 2023 10:19a

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

N/A

Rev. per Employee

€194,374

/zigman2/quotes/207385621/delayed

Add to watchlist TW:2330

Taiwan Semiconductor Manufacturing Co. Ltd.

TW : Taiwan

NT$ 527.00

-8.00 -1.50%

Volume: 35.12M

Sept. 21, 2023 1:30p

P/E Ratio

14.15

Dividend Yield

2.18%

Market Cap

NT$13951.45 billion

Rev. per Employee

N/A