Tech Winners and Losers: Chips Crunched

Updated from 2:24 p.m. EDT

Widely held tech stocks were down Monday as the broader market fought in vain to maintain its winning streak.

Cisco stole the spotlight Monday as investors waited to see what would come of the company's "Unified Computing" event in New York. Shares were recently down 0.4% to $15.45.

Among other computer hardware names, Hewlett-Packard(HPQ Quote) was down 1.4% to $29.05, IBM(IBM Quote) was up 1% to $91.25, Dell(DELL Quote) was falling 4.9% to $8.91, and Apple was down 0.1% to $95.83.

Chip stocks played a large role in tech's slide Monday. National Semiconductor(NSM Quote) was down 6.3% to $9.42. Texas Instruments (TXN Quote) fell 3.1% to $15.71. SanDisk(SNDK Quote) fell 10.7% to $9.87. Intel(INTC Quote), embroiled in a patent dispute with Advanced Micro Devices(AMD Quote), fell 2.9% to $14.27. AMD, meanwhile, fell 1.6% to $2.49.

Among the major teclo gear makers, Nokia(NOK Quote) rose 4.2% to $11.37. Palm(PALM Quote) fell 9.2% to $7.62. Research In Motion(RIMM Quote) dropped 2.6% to $39.14.

Internet company Google(GOOG Quote) lost 1.4% to $320. Yahoo!(YHOO Quote) fell 1.9% to $13.25. Microsoft(MSFT Quote) fell 2.1% to $16.31.