Chip Stocks Up Despite Falling Semiconductor Billings

By | September 15, 2015

Scalper1 News

Despite an industry report outlining a 2% worldwide quarter-over-quarter decline in Q2 billings, chip stocks gained Tuesday on Wall Street with some outperforming the Nasdaq 100 and S&P 500. In Q2, Japanese chipmakers showed the biggest acceleration to $1.4 billion in billings, a 40% increase vs. the year-ago quarter. Taiwan, on the other hand, billed $2.3 billion — the largest chunk of money — but that was a 6% dip from Q2 2014, according to a Scalper1 News

Scalper1 News