NetLogic Results to Drive Semiconductor ETFs
May 03, 2011 at 07:11 AM EDT
Semiconductor exchange traded funds (ETFs) were on Tuesday’s market menu after NetLogic Microsystems (NasdaqGS: NETL) said it swung to a first-quarter profit. “Unfortunately, NetLogic continues to deal with an inventory correction, with the June quarter marking 9 months of overhang,” said Williams...