This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Intel Dips as Other Chips Rise

With the exception of Intel, semiconductor stocks were holding on to gains as Wednesday's trading session wound to a close.

Intel (INTC) shares were falling after Chairman Craig Barrett expressed uncertainty about when the chip sector will rebound. According to Reuters, Barrett said government stimulus packages will probably start having an impact in six to 18 months. "So you pick your time that you want the recovery to occur in that six to 18-month period, and your guess is as good as anyone's," he said. Intel's stock was recently down 1.8% to $15.17.

In an otherwise slow news day for semiconductors:

Texas Instruments (TXN - Get Report) was up 2.5% to $16.77.

Advanced Micro Devices (AMD - Get Report) was up 4.1% to $3.58.

STMicroelectronics (STM) was up 6.6% to $5.64.

Broadcom (BRCM - Get Report) was up 4% to $21.87.

Qualcomm (QCOM - Get Report) was up 1.3% to $39.87.

Applied Materials (AMAT - Get Report) was up 1% to $10.65.

Nvidia (NVDA - Get Report) was up 2.8% to $11.27.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
AMAT $19.36 0.00%
AMD $2.28 0.00%
BRCM $44.90 0.00%
NVDA $22.03 0.00%
QCOM $68.37 0.00%

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs