Cree's (CREE -13.8%) Q2 earnings miss bodes poorly for the LED sector. Also down are LED...

|By:, SA News Editor

Cree's (CREE -13.8%) Q2 earnings miss bodes poorly for the LED sector. Also down are LED equipment makers Aixtron (AIXG -3.8%), Veeco Instruments (VECO -6.2%), and Nanometrics (NANO -1.8%), as well as LED materials supplier Rubicon (RBCN -5.7%). Cree attributed its results to component over supply in Asia.