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Cirrus soars as chipmakers top

Cirrus Logic's (CRUS - News) stock rose 2.3% Wed. and 20% late, as Q4 EPS hiked 64% to 36 cents, a 2-cent beat. Sales topped. LSI Corp. (LSI - News) doubled Q1 EPS to 20 cents, a 6-cent beat. Revenue topped. It sees Q2 EPS 15-21 cents vs. views at 16. Shares rose 5% Wed., 10% late. Tool maker Cadence Design Systems (CDNS - News) shares rose 3.5% Wed., 6% late. Q1 topped as EPS rose 89% to 17 cents. Software-service firm Citrix Systems' (CTXS - News) shares rose 3.6% Wed. and 11% late. EPS beat at 59 cents. It sees Q2 EPS 58-59 cents, under views. All have high IBD Composite Ratings.