PSA Today 19 Apr: Israel Iran trouble spooks market / March inflation rate abates / TSMC's lower chip forecast / Nissan lowers FY23 guidance – Nikkei 225 -2.66% | ¥$154.39
PSA Today Japan Market Comment by Pelham Smithers and Julie BooteTags: TSMC (2330 TT), Tokyo Electron (8035 JT), Lasertec (6920 JT), MHI (7011 JT), KHI (7012 JT), NEC Corp (6701 JT), Hitachi (6501 JT), Astellas (4503 JT), Chugai Pharmaceutical (4519 JT), Sakura Internet (3778 JT), KDDI (9433 JT), Shinko Electric (6967 JT), Nvidia (NVDA US), Advanced Micro Devices (AMD US), Nissan Motor (7201 JT)
Main Points
• Nikkei 225 drops 1,000+ points on Middle East, TSMC news
• Japan inflation slows again in March
• TSMC cuts chip market forecast on weak consumer demand
• Nissan lowers its FY23 guidance
Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods.
PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.
The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.
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