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) was down 1.4% to $29.05, IBM ( IBM) was up 1% to $91.25, Dell ( DELL) 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) was down 6.3% to $9.42. Texas Instruments ( TXN) fell 3.1% to $15.71. SanDisk ( SNDK) fell 10.7% to $9.87. Intel ( INTC), embroiled in a patent dispute with Advanced Micro Devices ( AMD), fell 2.9% to $14.27. AMD, meanwhile, fell 1.6% to $2.49.

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

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

More from Stocks

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's How Global Stocks Can Boost Your Portfolio

Video: Here's How Global Stocks Can Boost Your Portfolio

Micron Shares Pop After-Hours as Chipmaker Announces $10 Billion Stock Buyback

Micron Shares Pop After-Hours as Chipmaker Announces $10 Billion Stock Buyback

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Dow Leads Major Indices With Triple-Digit Rally

Dow Leads Major Indices With Triple-Digit Rally