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Fool
@fool.com · 1 hour

Himax Blames 'Abrupt and Significant Correction' in Auto Chip Demand as Stock Crashes Nearly 30%. Is Now the Time to Buy?

Himax Blames 'Abrupt and Significant Correction' in Auto Chip Demand as Stock Crashes Nearly 30%. Is Now the Time to Buy?
Himax shares dropped nearly 30% after the company issued weak fourth-quarter guidance, projecting a 22% to 26% revenue decline. CEO Jordan Wu cited an abrupt correction in automotive display...
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