Economic news not all bad for semiconductors, says analysis firm

The economic news lately has been bleak. US GDP grew at an anemic 0.4% in the first quarter of 2011 and 1.0% in the second quarter - leading to increased concerns about a double-dip recession, according to market analysis firm Semiconductor Intelligence. High government debt levels in the US and several European nations have contributed to volatile stock markets. The news does not seem to be any better for the semiconductor industry.



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