More on International Rectifier and Semtech's earnings: IRF expects FQ1 revenue of $235M-$250M,...

|By:, SA News Editor

More on International Rectifier and Semtech's earnings: IRF expects FQ1 revenue of $235M-$250M, below a $274M consensus. The company is closing a California chip manufacturing plant, and resizing a U..K. plant. Semtech expects FQ3 revenue of $148M-$154M and EPS of $0.41-$0.45, below a consensus of $158.6M and $0.47. Are the analog chipmakers just suffering from weak industry demand, or are they also losing share to expanding Texas Instruments (TXN)? IRF -4.7% AH. SMTC -4.1%. (IRF PR) (SMTC PR) (ON Semi layoffs)