Is the Chip market in trouble?

[tsptalk]

Samsung faces weakest quarter since 2009 as memory chip market in ‘worst slump in decades’

Samsung guided earlier this month that it would report operating profit of 600 billion Korean won ($449 million) for the first quarter.
If Samsung reports this number, it would be the company’s lowest profit since the first quarter of 2009.

Prices of memory chips have dropped over the past few months due to high inventories and lack of demand. Samsung is the world’s largest producer of such semiconductors.

https://www.cnbc.com/2023/04/24/sam...eview-memory-chip-price-slump-hits-giant.html