July chip sales climb 2.2%

Consumer electronics products drive growth in the market, according to the Semiconductor Industry Association.


NEW YORK (CNNMoney.com) -- Computer chip sales around the world grew 2.2 percent in July from the year-earlier period to $20.6 billion, the Semiconductor Industry Association (SIA) said Tuesday.

"Major demand drivers for [chips] - personal computers, cell phones, and other consumer electronic products - appear to be growing in line with analysts' projections," said SIA President George Scalise.

The Asia Pacific region showed the highest year-over-year growth for July at 4.8 percent, while sales in the Americas had the largest decline, with semiconductor revenue down 6.2 percent. The industry was on track to meet its 2007 annual sales projection of 1.8 percent growth, said Scalise.

In July, shares of major chipmaker Intel (Charts, Fortune 500) rose 0.5 percent, while those of rival AMD (Charts, Fortune 500) fell 3.6 percent. Top of page

Sponsors

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.