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What: Shares of Volterra Semiconductor
So what: Inphi
Now what: This delay may have a short-term effect on Volterra’s results, but after soundly beating earnings estimates in the second quarter, I’m not too worried. Romley hasn’t been canceled and should still have a positive impact on results in the future. I think this sell-off is overdone for Volterra, and it presents a nice buying opportunity in a company that is expected to grow earnings quickly over the next year.
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