STAMFORD, CT – Market research firm Gartner today raised its 2016 worldwide IT spending outlook to $3.41 trillion, flat with 2015's results. Last quarter the firm predicted IT spending would drop 0.5%. The change in the forecast is mainly a result of currency fluctuations, the firm says.
WASHINGTON — Worldwide semiconductor sales fell 7.7% in May from a year ago, to $26 billion.