Cavium (CAVM) becomes the latest chipmaker to issue a Q4 warning: the company now expects...
Tuesday, December 27, 2011, 4:17 PM ETCavium (CAVM) becomes the latest chipmaker to issue a Q4 warning: the company now expects revenue of $56M-$57M for the quarter, below a $61.6M consensus. Cavium blames weak demand from a variety of market segments, as well as a "hub transition" at a major customer (most likely Cisco). Shares are halted, and will resume trading at 4:30.
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