|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||84.05 - 84.05|
|52 Week Range||62.50 - 145.57|
|Beta (3Y Monthly)||2.39|
|PE Ratio (TTM)||6.24|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Siltronic, a German maker of wafers used to make silicon chips, became the latest semiconductor firm to fall victim to a U.S. crackdown on exports to China as it issued its second profit warning in two months. Shares in Siltronic fell 14% - their biggest one-day drop - to hit a three-year low after the company said second quarter sales would be "significantly below" first-quarter levels, with a further decline likely in the third quarter.
Siltronic, a German maker of wafers used to make silicon chips, became the latest firm in the semiconductor industry to warn that U.S. restrictions on exports to China would hit sales and profitability. Munich-based Siltronic, in a statement issued after market hours on Monday, said it expected second quarter sales to be "significantly below" first-quarter levels, with a further decline likely in the third quarter. "Siltronic AG currently sees a continuing slowdown of the semiconductor industry, which is driven by geopolitical uncertainties, and the negative impact of export restrictions by the U.S. government against Chinese technology companies," the German company said.
By Thyagaraju Adinarayan LONDON (Reuters) - Shares of European chipmakers fell sharply on Wednesday after German silicon wafer maker Siltronic warned of a "significantly" weaker second quarter ...