Worldwide chip sales grow in August, but more slowly

Despite some headwinds, global sales of semiconductor chips grew, if barely, in August. Chip sales were $25.7 billion, up 1.8 percent from July’s sales of $25.2 billion, according to the chip industry trade group Semiconductor Industry Association. But sales compared to a year ago remain strong, with August sales up 32.6 percent compared to a year ago.

Shareholders of chipmaker ARM buy into Oracle CEO's acquisition hype

In a sign that ARM Holdings shareholders might be bracing for an acquisition in the near future by Oracle, shares of ARM bounced higher today after Oracle CEO Larry Ellison said his company would be on the hunt to pick up new chip companies to add to its computer hardware portfolio. Ellison made the comment to attendees of the Oracle OpenWorld 2010 conference in San Francisco yesterday.