Following soft Q2 data from many chip companies, the Semiconductor Industry Association...

|By:, SA News Editor

Following soft Q2 data from many chip companies, the Semiconductor Industry Association (SIA) estimates Q2 chip sales fell 2% Y/Y. However, the SIA stands by its forecast for 5.4% full-year growth, and thinks new U.S. fuel economy standards will create opportunities. STM, FSL, NXPI, and ONNN are some chipmakers with meaningful auto industry exposure.