SIA Reports 14.4% Increase in Global November Semi Chip Sales (SMH, TXN, AMAT, More...)

According to the Semiconductor Industry Association (SIA), worldwide semi chip sales for the month of November were $26 billion, which was a 0.9% decrease from $26.2 billion in October.

On a year-over-year basis, sales popped 14.4% from $22.7 billion in November 2009.

Sales in 2010 until the end of November increased 34% from $202.8 billion in FY09 to $271.8 billion.

SIA notes that all monthly sales numbers represent a three-month moving average.

Europe was the only region to see an increase in November, with a 2.5% jump in sales to $3.42 billion. The Americas saw the largest decrease for the month, with a 1.6% drop to $4.71 billion.

Moving on the news today, among others:

• Semiconductor HOLDRs
  (NYSE: SMH) up 0.95%
  
  
• Texas Instruments (NYSE: TXN) up 0.71%;
  
  
• Applied Materials, Inc. (Nasdaq: AMAT) up 1.25%;
  
  
• Altera Corp. (Nasdaq: ALTR) up 2.25%; and
  
  
• Broadcom Corp. (Nasdaq: BRCM) up 3.25%.

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