— Wipro Limited (NYSE: WIT) reported second-quarter 2020 earnings of $0.06 per share, in line with Wall Street projection
— Revenues grew 4% to $2.14 billion, vs. $2.13 billion expected.
— In Q2, IT Services revenue grew 2.5% to $2.05 billion.
— Wipro expects IT Services revenue to be $2.065 to $2.106 billion in the third quarter.
— WIT shares gained 1% immediately following the announcement.
The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,
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