Weak results and/or guidance (I, II, III, IV) from SanDisk (SNDK -13.4%), Freescale (FSL -7.9%),...

|By:, SA News Editor

Weak results and/or guidance (I, II, III, IV) 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%.