Trade association SIA provides more more evidence the chip industry is rebounding: it estimates...

|By:, SA News Editor

Trade association SIA provides more more evidence the chip industry is rebounding: it estimates sales were flat Y/Y in February after falling 2.7% in January, and rose for trailing 3 months. UBS responds to the news by asserting chip stocks still have room to run in spite of this year's rally, and recommends chipmakers with PC and smartphone exposure. Bernstein is a fan of analog names TXN and ADI. (earlier)