Hard drive controller chip vendors Marvell (MRVL -2.1%) and LSI (LSI -1.7%) slump after Williams...


Hard drive controller chip vendors Marvell (MRVL -2.1%) and LSI (LSI -1.7%) slump after Williams Financial cuts its estimates on Marvell due to widespread signs of softening PC demand. Williams is also worried about slowing orders for Marvell's TD-SCDMA baseband chips, used in phones running on China Mobile's 3G network. LSI took off on Thursday following a Q2 beat. Seagate, a major Marvell and LSI customer, reports after the close.

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