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● Fourth-quarterRevenueguidance of $1.00 billion to $1.03 billion trailed the $1.05 billion consensus.
● Revenue of $895 million topped forecasts.
● Revenue andEarningsbeat forecasts.
● The stock traded sharply higher by late morning.
● The SOX tracks large chip designers, makers and equipment suppliers.
● Intel's disappointing guidance set off the rout.
● Pinterest'sEarningsmiss weighed on the group.
● Second-quarter EPS guidance of $55 to $57 topped the $53.35 consensus.
● MongoDB, Datadog, Bandwidth and DigitalOcean also fell.
● The broader market held up on Thursday.
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