Falling prices slash chip sales growth: SIA
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Global microchip sales will grow  by only 1.8 percent this year, much slower than an earlier  projection of a 10 percent increase, as prices in key markets  tumble, an industry group said on Wednesday.
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US chip-related stocks, including Intel Corp., declined after Advanced Micro Devices Inc. said third- quarter sales fell from the preceding period.
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The semiconductor industry is showing  the first signs of slowing growth, trimming purchases of raw  materials and production equipment as demand slows, industry  executives and analysts said on Tuesday.
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Chip sales growth effectively stalled in August, it emerged today when the Semiconductor Industry Association (SIA) released its monthly sales report for the period.
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Shares in the telecommunications equipment maker fell today to their lowest level after the company slashed its forecast for full-year revenue growth.
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Intel Corp., the world&#39;s biggest maker of semiconductors, reduced its third-quarter revenue forecast Thursday, blaming lower-than-expected demand for flash memory and PC chips.
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The chip maker grew too quickly and couldn't keep up with customer demand, the company's CEO told an audience of investors, saying the company 'let down' its channel partners.
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U.S. stocks declined on Tuesday, weighed down by losses in the technology sector after microchip maker National Semiconductor Corp.  cut its quarterly revenue forecast.
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Samsung says a glut of semiconductors on the market will bring prices down and slow growth in 2005.
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Newest P4 chips, the 500 series, drop in price by 18 percent to 35 percent; a host of other chips are cheaper now as well.
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High performance analog chipmaker National Semiconductor today lowered its revenue guidance for its fiscal Q2. The new guidance for the quarter calls for revenues to range from $445 million to $450 million
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Analysts, though, viewed the revenue drop as a sign the chip industry's glut might be dropping.
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SAN FRANCISCO (CBS.MW) -- Advanced Micro Devices Inc. shares fell Tuesday after it said third-quarter sales will come in below those reported in the second quarter, citing softness in its flash memory business.
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It's good news for users: as CPU and memory chip sales fall, so will prices--to vendors' dismay.
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DRAM and CPU price drops will slow growth of the global market in 2007, analysts say.
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Korean chipmaker Samsung says a glut of semiconductors on the market will bring prices down and slow growth in 2005.
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Chip vendor LSIÂ has warned investors of a revenue shortfall and said it would eliminate 900 jobs andÂ sell off its consumer products businessÂ as part of a plan to cut costs following its AprilÂ merger with Agere.