Semiconductor stocks followed Intel ( INTC) down Wednesday after the chipmaker announced vague guidance for its second fiscal quarter.
Despite CEO Paul Otellini's assertion that he's seeing signs of a bottom in the PC market segment, Intel's stock was falling 3.8% to $15.41. The rest of the sector followed suit: Texas Instruments ( TXN) was down 2.5% to $16.90. Advanced Micro Devices ( AMD) was down 7.2% to $3.37. Nvidia ( NVDA) was down 3.8% to $11.28. Applied Materials ( AMAT) was down 3.7% to $11.32. Broadcom ( BRCM) was down 2.7% to $22.06. Qualcomm ( QCOM) was down 0.7% to $40.53.