Chipmaker Supplier Overhyped China Biz, Investor Claims
By Emilie Ruscoe ( March 25, 2025, 9:41 PM EDT) -- Semiconductor industry supplier Ultra Clean Holdings Inc. faces a proposed investor class action alleging that during 2024 it touted outsize demand in its Chinese market, ultimately hurting investors when it later acknowledged "demand softness" as it reported its 2024 full-year revenue and offered financial projections for the start of 2025....
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