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Hard Times at National Semi

Stock quotes in this article: NSM  

The bad times aren't going away any time soon for National Semiconductor(NSM Quote).

In keeping with its warning to the Street last month, the Santa Clara, Calif., chipmaker said Thursday that its revenue and profit both declined in its fiscal second quarter.

And the company projected that sales in the current quarter would be down sharply from analysts' expectations, as bookings in its second quarter plunged 16% sequentially. ...

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