Global chip sales are on the upswing, propelled by a growing wireless market, according to new data from the Semiconductor Industry Association.

Chip sales jumped to $16.94 billion in April, the highest monthly level since July 2000, according to information released Tuesday by the San Jose, Calif.-based group. The figure represents a 36.6 percent jump compared with April 2003.

Read more: CNet News (http://news.com.com/Chip+sales+buoyed+by+wireless+market%2C+group+says/2100-1006_3-5223548.html).