Like other chip stocks, TriQuint (TQNT +7.2%) is moving higher following its Q3 guidance cut, as...

|By:, SA News Editor

Like other chip stocks, TriQuint (TQNT +7.2%) is moving higher following its Q3 guidance cut, as investors expecting a larger cut buy in. Kaufman (Buy) thinks the decline in AAPL orders could be a sign of reduced chip share in the iPhone 5 relative to the iPhone 4, but thinks it's more likely a result of the iPhone 3GS being discontinued.