August 12, 2022

News of the Trade

Latest trading, investing, and financial news

Market data: global chip sales growth has decelerated for six straight months, rising 13.3% YoY in June, down from 18% in May, the longest slowdown since 2018 (Sam Kim/Bloomberg)

Sam Kim / Bloomberg:
Market data: global chip sales growth has decelerated for six straight months, rising 13.3% YoY in June, down from 18% in May, the longest slowdown since 2018  —  World chip sales growth has decelerated for six straight months — yet another sign the global economy is straining under the weight …