PMC-Sierra drags down chipmakers

Summary:PMC-Sierra rattled shares of communications chipmakers Friday after the company said a severe inventory correction and a slump in orders from telecommunications carriers will dent sales and earnings. Full story.

PMC-Sierra rattled shares of communications chipmakers Friday after the company said a severe inventory correction and a slump in orders from telecommunications carriers will dent sales and earnings. Full story. --Tiffany Kary, ZDNet Inter@ctive Investor

Topics: Networking

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