Analog chipmakers Power Integrations (POWI +13.5%) and International Rectifier (IRF -11.1%) head...

|By:, SA News Editor

Analog chipmakers Power Integrations (POWI +13.5%) and International Rectifier (IRF -11.1%) head in opposite directions after reporting earnings. POWI posted a strong Q1 beat and Q2 sales guidance of $78M-$84M, above a $74.4M consensus. IRF provided in-line FQ4 guidance (revenue of $255M-$270M vs. $261.7M consensus) to go with its FQ3 beat. The company says demand from Asian industrial and home appliance customers remains soft. (IRF transcript)