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Spansion (CODE +2.7%) is the latest chip company to lower its outlook, but the market doesn't...
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Tuesday, September 13, 2011, 3:13 PM ETSpansion (CODE +2.7%) is the latest chip company to lower its outlook, but the market doesn't seem to care. Several firms - ISIL, TXN, ALTR, FCS - recently have issued reduced or soft guidance, yet shares have held up. Investors appear to have shifted focus to 2012, and expectations for a soft second half already may be priced into chip shares.
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