Chipmaker Maxim Integrated Products (MXIM) - Get Report was down 5.8% in preopen Island trading after posting third-quarter earnings late Tuesday of 33 cents a share, in line with analysts' estimates and up from 23 cents in the year-ago period.

Revenue rose 35.5%, but the company warned its current quarter revenue would be 15% to 20% lower than the third quarter.

Maxim said bookings for the third quarter were $205 million, down sharply from the second quarter's $332 million.