Broadcom, Marvell, Nvidia, Others to Cut Production Substantially

Chip designers are cutting their production and production orders for both Q4 2008 and Q1 2009, according to Craig Berger, chip analyst at Friedman Billings Ramsey. The suppliers believe that the demand towards various devices will be lower in the next four months at least, therefore, it does not make sense to keep at the current production levels and stockpile chips.