Shares of three chip makers were mixed in late-morning trading, a day after the companies posted their latest earnings reports. Intel was down 8% to $47.95 a share as investors worried about production delays, while Lam Research shares jumped almost 8% to $191.31 after the company reported profit and sales that beat expectations on Thursday. Investors bid the stock of Cypress Semiconductor Corp. up almost 8% to $18.36. The company surpassed revenue and adjusted profit expectations of analysts polled by FactSet. (micah.maidenberg@wsj.com)

 

(END) Dow Jones Newswires

July 27, 2018 11:44 ET (15:44 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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