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SAN FRANCISCO -- Atheros(ATHR Quote) said it will escape some of the sting of the economic slowdown in the current quarter, thanks to a slew of new products.
The Santa Clara, Calif., company provided a financial forecast on Monday that, while hardly rosy, was brighter than those made in recent days by other chip firms, sending its stock up nearly 7% to $17.24 in extended trading.
"We, like others in the semiconductor industry, face strong economic headwinds in the coming quarter and are cautious in our outlook," finance chief Jack Lazar said in a post-earnings conference call Monday. ...
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