Struggling chip stocks take another hit as Baird downgrades Diodes (DIOD -7%) and Fairchild (FCS...

|About: Diodes Incorporated (DIOD)|By:, SA News Editor

Struggling chip stocks take another hit as Baird downgrades Diodes (DIOD -7%) and Fairchild (FCS -7%), citing "field research (of a) sharp deceleration in semiconductor order trends in 2Q." Not even summer break yet, Baird says the chance of a weak back-to-school season bodes ill for 3Q.