Recession Hits Silicon Valley

7:44 PM ET Thu, 17 July 2008

Kevin Landis, co-founder & CIO at Firsthand Technology Funds says the U.S. recession has reached Silicon Valley, after AMD, Google and Microsoft's second-quarter profits missed Wall Street expectations. He dissects the earnings from the U.S. tech sector, with CNBC's Adam Bakhtiar, Amanda Drury & Sri Jegarajah.