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Tuesday, 03 April 2007 10:13

Semiconductor sales drop

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Semiconductor companies' shares fell after a trade group announced that sales had fallen.


The Semiconductor Industry Association reported that sales in February fell 6.5 percent to $20.09 billion from $21.48 billion in January. It described the fall as a typical seasonal weakness, although noted that there were declining prices and fewer unit shipments.


Sales were slightly up by 4.2 percent from $19.28 billion in February 2006, but this was much lower than sales levels in December.


AMD, Intel, Micron Technology, NSC shares fell on the back of news.

Last modified on Tuesday, 03 April 2007 10:20
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