Global chip sales fell 2% Y/Y in May, the SIA estimates. That represents a reversal from April's...

|By:, SA News Editor

Global chip sales fell 2% Y/Y in May, the SIA estimates. That represents a reversal from April's 3% gain, and is the starkest evidence yet that the chip industry's recovery has stalled thanks to a mixture of soft IT spending and telecom capex, and slumping orders from phone and PC manufacturers. Demand for analog chips (-10%) and microprocessors (-9%) was particularly soft.