Chip industry slide goes on, report says

THE BALTIMORE SUN

SAN FRANCISCO -- The dollar value of computer chips ordered and shipped increased in August, but the semiconductor industry's leading indicator of demand continued the downward slide begun in June, a trade group reported yesterday.

The Semiconductor Industry Association, based in San Jose, Calif., reported a book-to-bill ratio of 0.99 for the three months that ended in August, down from 1 in July. The ratio compares orders with shipments and is considered a leading indicator of industry performance.

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