Global chip sales are on track to beat their record year of 2004 according to the Semiconductor Industry Association.
The body reported that sales rose sharply in August to $18.6bn, up 3.2% from the $18bn reported in July, and 1.7% higher than the $18.3bn recorded in August 2004.
Year-to-date chip sales were $144.4bn, up 5.8% on the 2004 running total at this stage of $136.5bn.
PC unit sales are running ahead of earlier forecasts, boosting sales of microporcessor and D-Ram chips. Flash memory sales have also risen sharply thanks to the growth in sales of mobile phones and consumer electronic products like MP3 players.