National Semiconductor Profit Falls

SAN FRANCISCO - National Semiconductor posted a lower quarterly profit on Thursday as high inventories among customers hit sales at the maker of power management and analog microchips.

National Semiconductor said its second fiscal quarter net
profit was $91.4 million, or 27 cents per share, compared with
$114.7 million, or 32 cents per share, a year earlier. Revenue
was $501.6 million, down from $544 million a year earlier.

Contact U.S. News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

  • The Glass Ceiling

    Full-time working women still only earn about 77% of what men do in the same fields. A lawsuit in Silicon Valley is bringing renewed focus to that statistic. Vanity Fair Contributing Editor Bethany McLean on the equality fight for women's pay and promotion.

  • Man takes off work clothes on beach

    With Ruth Porat leaving Wall Street for Silicon Valley, Turney Duff takes a look at other ex-Wall Street friends and where they are now.

  • A group of scientists believe they've cracked the reason behind a big mystery: Why are beards so popular?

U.S. Video