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Great News for Chips

|Includes: ELPDF, SSNLF, Toshiba Corp. (TOSBF)

Toshiba posted a smaller operating loss than the company had forecast after production cuts helped ease a glut and drive up prices of the semiconductors.

Chip-related shares are on the Rise as Samsung Electronics Co., the world’s largest producer has climbed as much as 4.8 percent, while Hynix Semiconductor Inc. has been up as much as 11 percent in Seoul trading today. Japan’s Elpida Memory Inc. has risen as much 9.9 percent in Tokyo and all of Taiwan’s five listed memory chipmakers, including Nanya are advancing...