More and more chip makers including Taiwan's TSMC 2330.TW, Micron Technology MU.O and Texas Instruments TXN.O have pointed to slowing demand, fanning fears of a deep semiconductor industry downturn next year. AMD, which makes CPUs and graphics processors for PCs, was hit hard when inflation roiled consumer demand for laptops and other gadgets, prompting electronics makers to cut orders for its chips. Moreover, weaker cloud spending signaled by a slowdown at tech companies including Amazon.com AMZN.O, Microsoft MSFT.O and Intel INTC.O have also raised concerns for the data center market.