The semiconductor sector so far is having a troubled Q1 earnings season. After the close on Thursday there were reports from SanDisk, Freescale, Altera and Lattice – and they all disappointed the Street. The obvious question here is whether there are broader technology demand issues that will affect not just these specific chip companies but also the PC and electronics companies they serve.Weak results and/or guidance from SanDisk (SNDK -13.4%), Freescale (FSL -7.9%), Lattice Semi (LSCC -9.4%), and Altera (ALTR -6.5%) is producing a selloff in chip stocks (SOXX -1.2%), which had been rallying on evidence of rebounding demand. Among the hardest hit (aside from the guilty parties): OVTI -3.9%. SWKS -3.9%. MU -3.7%. CRUS -3.1%
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