Chips Bounce and the Dow Slips as a Brutal Week Ends Mixed
Friday's rebound repaired only a slice of Thursday's rout — and it reached barely a third of the market, leaving the week's losses and the December rate question intact.
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Friday's rebound repaired only a slice of Thursday's rout — and it reached barely a third of the market, leaving the week's losses and the December rate question intact.
Bookings are running ahead of shipments and lead times now stretch to 32 weeks, yet about $53 million of one-time September revenue drops out of the next quarter.
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