Foxconn sounds the alarm on on critical issue for tech companies
A pressing economic trend is making the electronics producer nervous.
For the past few weeks, many tech companies have struggled significantly as economic uncertainty has pushed financial markets down.
Even most members of the Magnificent 7, the group of leading tech stocks responsible for much of the sector’s growth, have suffered significant losses recently. A multitude of factors have sent Tesla (TSLA) shares into a consistent nosedive but many of its big tech peers are struggling as well, including Nvidia (NVDA) and Microsoft (MSFT) .
