Chipmakers Stay In The Chips

WILL SALES OF SEMICONDUCtors ever tank? Don't bet on it. On Nov. 1, the Semiconductor Industry Assn. predicted that worldwide chip sales will grow 26% in 1996, to $185 billion. That would be down considerably from this year's expected 44% jump. However, few chipmakers are likely to complain: It will mark the fourth straight year of 25%-plus growth. The association predicts uninterrupted growth through at least 1998, driven by increasing pervasiveness of chips in electronic products.

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