ON Semiconductor Skids After Warning

By TSC Staff ,

ON Semiconductor (ONNN) was down 2.6% in late morning, a day after it warned that it would lose 35 to 45 cents per share in the second quarter excluding items. The Street's estimate is a 12-cent loss. Other communications chipmakers were higher.

PMC Sierra

(PMCS)

was up 5.4%.

Broadcom

(BRCM)

was up 4.7%.

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