BUZZ-Global chip sales jumped 62% in February, industry group says
Reuters04-06
BUZZ-Global chip sales jumped 62% in February, industry group says
** Global semiconductor sales rose 61.8% to $88.8 billion in February 2026 compared with a year earlier, according to The Semiconductor Industry Association (SIA)
** Shares of chip firms NvidiaNVDA.O, Advanced Micro Devices AMD.O, Qualcomm QCOM.O and Broadcom AVGO.O were up between 0.2% and 0.8% in premarket trading while Intel INTC.O was up 1.2%
** Year-on-year chip sales in February rose 93.5% in Asia Pacific/All Other, 59.2% in the Americas, 57.4% in China and 42.3% in Europe, but declined 0.3% in Japan
** "Strong global demand is expected to persist during the remainder of the year, with annual sales projected to reach roughly $1 trillion globally,” said John Neuffer, SIA president and CEO
(Reporting by Zaheer Kachwala in Bengaluru)
((Zaheer.Kachwala@thomsonreuters.com;))
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