Friday, December 12, 2008

Tech: Amazon, eBay lead technology sector rally

Date: Fri, 12 Dec 2008 18:00:16 -0500

Tech Stocks: Amazon, eBay lead technology sector rally
12/12/2008 4:20 PM ET
Technology stocks recover from their opening lows to trade in positive
territory as the White House says it may use existing bailout funds to
rescue the struggling U.S. auto industry.

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Fairchild Semiconductor to cut 12% of workforce
12/12/2008 4:27 PM ET
Fairchild Semiconductor is cutting 12% of its workforce, or 1,100
people, in anattempt to reduce expenses.

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Chip business seeing very tough times
12/12/2008 2:33 PM ET
Gartner gave some grim predictions for the semiconductor business next
year, and based on their prior research, the firm's outlook is
probably going to be fairly accurate.

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Chip sales to fall for just fifth time in 25 years
12/12/2008 1:56 PM ET
The semiconductor industry will post a decline in annual sales this
year, only the fifth time that has happened in past quarter of a
century, an industry research group says.

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