The decline in semiconductor revenues has been steep, but the chart provided by the Semiconductor Industry Association suggests a bottom in worldwide sales of chips may have already occurred.
May’s increase of 5.4% “reflects the third-consecutive month of sequential growth for the semiconductor industry,” the SIA said. Not surprisingly, the largest percentage gain occurred in the Asia-Pacific region.
I know the term “green shoots” has been a bit over used and, but it looks as if shoots are definitely sprouting for makers of semiconductors following a nasty drop in sales.
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