Updated from 12:22 p.m. EDT

Shares of Skyworks Solutions ( SWKS) were among the best-performing technology stocks Thursday after the company reported a better-than-expected third quarter and raised guidance .

Excluding items, the wireless semiconductor company earned 10 cents a share on sales of $207.4 million. Analysts polled by Thomson First Call had expected 7 cents a share on sales of $193.4 million. Strong results across the board, which led to market-share gains, contributed to the company's impressive third-quarter results. Looking ahead, Skyworks is expecting to grow its fourth-quarter sales by 5% sequentially while improving operating earnings by 15% sequentially. Shares traded up $1.17, or 16.8%, to $8.15.

Atmel ( ATML) fell after reporting weaker-than-expected second-quarter earnings and sales and guiding down its third quarter. The chipmaker earned 2 cents a share on sales of $420.8 million. Analysts had expected 3 cents a share on sales of $430 million. Looking ahead, Atmel said that it would post a sequential sales increase of 2% to 6%, or $429 million to $446 million. Analysts were looking for Atmel to report third-quarter sales of $451.6 million. Shares of Atmel traded down 15 cents, or 3.3%, to $4.38.

Shares of Silicon Storage ( SSTI) fell after the company reported a solid second quarter but warned that third-quarter earnings and sales could fall short of expectations. The flash-memory maker earned 22 cents a share during the second quarter on sales of $128.5 million. Analysts had expected it to earn 18 cents a share on sales of $129 million. Looking ahead, the company expects to earn 16 cents to 21 cents a share on sales of $130 million to $145 million. Analysts were looking for 21 cents a share on sales of $142 million. Shares of Silicon Storage were recently trading down $1.43, or 17.8%, to $6.59.

Advanced Energy Industries ( AEIS) fell after it reported weaker-than-expected second-quarter results and warned the third quarter would disappoint. Even though the company swung to a second-quarter profit, earnings of 13 cents a share fell well short of the 24-cent profit that analysts had expected. Sales came in at $108.9 million, short of the $112.3 million analysts sought. Looking ahead, it expects to earn 8 cents to 12 cents a share on a 2% to 5% sequential sales decline. Analysts were looking for 31 cents a share during the third quarter on sales of $118.5 million. Shares of Advanced Energy Industries traded down $2.15, or 19.4%, to $8.96.

Shares of Chordiant Software ( CHRD) got hammered after the company delayed the announcement of its second-quarter financial results. The software company is still completing its quarter-end financial review, but it said that when it does report second-quarter results they will fall short of the company's previously announced guidance.

Chordiant attributed the shortfall to a shift in revenue recognition. Sales that it had expected to recognize in the second quarter will now be recognized in subsequent quarters. Shares of Chordiant Software traded down 69 cents, or 19.7%, to $2.81.

Other technology volume leaders included Microsoft ( MSFT), up 14 cents to $29; Intel ( INTC), up 71 cents to $23.27; Cisco ( CSCO), up 22 cents to $21.39; Lucent ( LU), down 8 cents to $3.29; Oracle ( ORCL), up 1 cent to $10.36; and Applied Materials ( AMAT), up 31 cents to $16.93.