General Semiconductor Shrinks 6% on Warning - TheStreet

General Semiconductor

(SEM) - Get Report

was down 6% in early trading after it became the latest chipmaker to issue a warning. The company said fourth-quarter earnings would be 26 to 28 cents per share, below the Street's estimate of 34 cents. Soft orders will push revenue for the period 5% to 7% below third-quarter levels.