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 Quote) 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 Quote) was up 2.5% to $16.77.

Advanced Micro Devices(AMD Quote) was up 4.1% to $3.58.

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

Broadcom (BRCM Quote) was up 4% to $21.87.

Qualcomm (QCOM Quote) was up 1.3% to $39.87.

Applied Materials (AMAT Quote) was up 1% to $10.65.

Nvidia (NVDA Quote) was up 2.8% to $11.27.