Chip Sales Rise; Inventories Seen Down
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Global semiconductor sales rose 1.1 percent to $18.2 billion in August from the previous month and it appears as though chip inventories are declining, an industry trade group said on Thursday.
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SAN FRANCISCO: Intel upcoming mid-quarter report will be closely watched for signs of weak back-to-school computer sales, though recent market share gains in memory chips could help offset any softness in computer microprocessor demand.
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Increased demand for memory chips used in computers, portable media players, and other consumer electronic devices helped Infineon TechnologiesÂ offset a first-quarter drop in sales in the German chip maker's communications products.
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At the same time, an increase in inventory is making chip vendors and distributors worried.
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Intel (INTC), the largest maker of microchips, raised its quarterly revenue outlook Thursday, citing strong worldwide demand for its microprocessors, and its shares jumped more than 7% in after-hours trading.
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U.S. technology stocks ended up  slightly on Friday, lifted by a higher sales forecast from  bellwether Intel Corp. INTC.O, while a disappointing jobs  report capped blue-chip gains.
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Shares of semiconductor stocks continued to bounce back Friday despite another round of profit warnings from chip makers predicting third-quarter sales won&#39;t live up to previous expectations.
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Global semiconductor sales rose 1.1  percent to $18.2 billion in August from the previous month and  it appears as though chip inventories are declining, an  industry trade group said on Thursday.
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Worldwide semiconductor sales rose a scant 1.5 percent in October, to $18.8 billion from $18.5 billion in September, as many chip users pared bloated inventories, the Semiconductor Industry Association said on Friday.
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Worldwide semiconductor sales rose 2.2  percent to $20.6 billion in July, an industry group said on  Tuesday, helped by rising demand for consumer electronics.
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Driven by demand for flash memory chips used in cell phones, Intel Corp.'s third-quarter profits rose 15 percent, but also warned that its gross margins are sagging, and it continues to suffer from a buildup of inventory.
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Worldwide semiconductor sales rose 9.2 percent in January, boosted by better-than-expected cell phone shipments and strong sales of personal computers, digital cameras and music players, an industry group said on Monday.
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Global sales of semiconductors rose 1 percent in July as consumer uncertainty and swelling inventories restrained the industry's pace of growth, the U.S. Semiconductor Industry Association reported on Thursday.
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Korean chipmaker expects global sales will halve next year; sales growth could be in single digit. SEOUL  - Growth in global semiconductor sales will probably halve next year and memory chip sales
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The Semiconductor Industry Association said worldwide chip sales rose 2.2 percent in July, largely due to gadget demand.
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Advanced Micro Devices has been facing profit pressure--but new chipmaking techniques are giving it more room to lower prices.
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Strong demand and reduced stockpiles foretell a dramatic rise in chip giant Intel&#39;s sales outlook, the firm says. The company, whose chips power most of the world&#39;s PCs, said it expected sales of $9.3-9.5bn