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August Chip Sales Perk Up

Stock quotes in this article: INTC , TXN , AAPL  

Chip sales gained momentum in August, as the approaching holiday season juiced demand as prices for flash memory perked up.

Worldwide semiconductor sales totaled $21.6 billion in August, up 4.9% from July, according to the industry group Semiconductor Industry Association.

The sequential sales growth was the highest in the past five years, although the year-over-year growth rate was a more moderate 4.5%. ...

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