Seeking Alpha

Though the chip industry's inventory correction technically ended this spring, global chip sales...

Though the chip industry's inventory correction technically ended this spring, global chip sales fell 3.2% Y.Y in August and were nearly flat M/M, the SIA estimates. Weak PC, TV, and telecom equipment sales have easily offset healthy mobile device demand. Chip stock valuations have compressed some over the last 3 weeks, but remain above last fall's lows. (FBR comments) (historical chart - PDF)
Comments (1)
  • So, some substance behind falling chip maker equity prices then. Will be interesting to see Q3 earnings then.
    2 Oct 2012, 07:27 PM Reply Like
DJIA (DIA) S&P 500 (SPY)