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TECHNOLOGY
Chip trade group sees slowdown
Global chip sales rose 9.5% to $53.45 bil from Q1, boosted by memory chips and sales of personal computers, according to the Semiconductor Industry Association. But growth should decelerate in Q3 to 4%-6% from the earlier quarter, according to inventory and production analysis. June sales climbed 2.8% to $17.8 bil from May and 40.3% from the year earlier.
** Synopsys fell 16.5% to 21.05, its lowest level in more than a year, after it warned that its Q3 results would fall short of views for 37 cents a share. It sees making 31-34 cents a ...