Apple Supplier AMS-Osram Plunges 45% After Key Project Axed

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(Bloomberg) -- Shares of Apple Inc. supplier AMS-Osram AG lost the most on record Thursday after the Swiss chipmaker said a customer canceled a key project that could force it to sell part of its Malaysian production site. Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOIndia’s Blowout GDP Based on Data Distortion That Masks SlowdownElon Musk Sues OpenAI and Altman for Breaching Firm’s Founding Missi

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