Broadcom on Thursday forecast current-quarter revenue, the midpoint of which was slightly below analysts' estimates as its chip business took a hit from supply chain disruptions caused by the novel coronavirus.
​With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network peripherals as well as components along the supply chain.
Samsung flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated.
Micron Technology sees a recovery in the memory chip market coming and reported a quarterly profit that beat estimates.
Toshiba has completed the US$18 billion sale of its chip unit to a consortium led by Bain Capital, with the Japanese tech giant repurchasing a substantial stake in the business.
