Whatever thrill the market got out of the rumor that Advanced Micro Devices (NYSE: AMD) may be up for sale, with Dell as a potential buyer, lasted but a day. Shares of AMD fell 3 cents, or 0.4 percent, to 8.60 on Tuesday after climbing more than 4 percent in Monday's session as the Dell-AMD rumor piqued investors' interest.
Fueled by an explosion of mobile computing devices, semiconductor sales across the world increased 14.4 percent in November over the same month last year, according to the Semiconductor Industry Association.
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Affected by the worsening recession, it may take up to five years for the semiconductor market to return to revenue levels of the previous years, Gartner said in a survey.
The DOJ on Thursday filed an antitrust lawsuit against Microsemi alleging its acquisition of Semicoa would reduce competition for certain semiconductors.