Altera (NASDAQ:ALTR) is down 3.9% AH after the chipmaker warns Q3 sales growth will be in a...

Altera (NASDAQ:ALTR) is down 3.9% AH after the chipmaker warns Q3 sales growth will be in a range of -3% to +1%, compared with prior guidance for +2% to +6%. Altera blames weaker demand in several markets, including its key Telecom and Wireless vertical (outside of Asia). Archrival Xilinx's (NASDAQ:XLNX) shares are nearly unchanged AH. (PR)