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Technology / AI and automation

US CHIP BOOK-TO-BILL RATIO SLIPS TO 1.18 FROM A REVISED 1.20 IN JANUARY

Analysts had been bullish on the indicator ahead of the announcement, but in the event, the US Semiconductor Industry Association’s book-to-bill ratio for February fell to a still very healthy 1.18, from 1.20 in January, the latter figure revised upwards from the 1.19 reported at the time. February orders in the US, based on the usual three-month moving average, rose 0.8% on the average figure for the three months to January, to $2,065m and shipments on the same basis rose 2.2% to $1,750m.

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CBR Staff Writer

CBR Online legacy content.