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Good chip results won’t be enough

The state of the chip industry is such that the better the numbers get, the worse investors seem to feel about it.

The Semiconductor Industry Association reported on Monday that the sector’s global sales reached $52.5 billion in February. This is a new monthly record that is also up nearly a third from the same month last year, the best rate of growth the industry has seen since 2010, when sales slumped. were only half of their current level.

wsj

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