chip stocks

Intel Earnings Nudge Semiconductor Stocks Forward

Semiconductor stocks climbed higher Friday following the financial results of bellwether chip giant Intel. But despite the robust results that beat Wall Street's estimates, analysts expect the industry's revenue growth will cool off to 5% for the year, versus the 30% seen last year.

Chip Sales Dip but Could Still Exceed 2010 Forecasts

Despite a 1.3% sequential decline in worldwide chip sales to $22 billion in February, the Semiconductor Industry Association reaffirmed the possibility for better performance overall this year compared with its forecast in November.