Dolton,
Check the date of this news item. The economy was doing great four weeks before the election. Blaming Clinton is something only a moron would do. Are you a moron?
Chip Market Remains Robust
(10/03/00, 8:51 p.m. ET) By , Semiconductor Business News
Despite some dark clouds on the PC industry's horizon, the worldwide semiconductor market grew by a record 52.7 percent for the month of August, according to figures released Tuesday by the Semiconductor Industry Association (SIA).
Citing strong growth in the communications sectors as well as the Asia-Pacific markets, worldwide sales of semiconductors were $18.2 billion in August, compared to $11.9 billion in the like period a year ago, according to the SIA, San Jose, Calif.
"This is a remarkable year for semiconductors," said George Scalise, president of the SIA. "We continue to see strong growth for chips used in consumer, Internet, and telecommunications products."
Scalise also remained bullish for the remainder of this year.
"We are confident the industry will reach our forecast of 31 percent growth for 2000 once we tally sales for the final months of this year," he added.
The increase in semiconductor sales was apparent in all geographical regions. The Asia-Pacific and Japanese markets grew 60.2 percent and 53.7 percent, respectively, over last year, the SIA said.
The Americas market was up 50.3 percent from last year, and Europe's sales grew 46.4 percent, they added.
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