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The Semiconductor Industry Association estimates global chip sales fell 1.7% Y/Y in September,...

The Semiconductor Industry Association estimates global chip sales fell 1.7% Y/Y in September, but grew 2.7% M/M, with the trade association saying the numbers represent "an optimistic close" to Q3. Numerous chipmakers have forecast Q4 revenues below analyst forecasts (I, II, III), largely due to inventory corrections.
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