Updated from 12:47 p.m. EDT

Semiconductor stocks chugged right along Wednesday in concert with the rest of the tech sector.

Atmel Corp. ( ATML) shares inched up after the company said it was cutting another 266 jobs at its plant in Colorado Springs, Colo., adding to the 249 jobs cut there in December. The chipmaker said it also was cutting 27 jobs at its headquarters in San Jose, Calif. The company's stock rose 0.4% to $3.93.

Intel ( INTC) recently was named the nation's top buyer of "green" power on the U.S. Environmental Protection Agency's Green Power Partnership List, according to New Mexico Business Weekly. Not the hardest-hitting of news, but doesn't it just make you feel good? Doesn't it maybe just for a moment make you forget downers like the swine flu, the GDP and certain of life's cruelties.? Intel's shares rose 2% to $15.35, so maybe there's something to that. (For the record, Advanced Micro Devices ( AMD), Cisco ( CSCO), Dell ( DELL), Sprint Nextel ( S) and Motorola ( MOT) also made the list).

Among some of the widely held chip stocks:

Texas Instruments ( TXN) rose 2.2% to $17.38.

AMD rose 2.9% to $3.51.

National Semiconductor ( NSM) rose 0.6% to $11.84.

Maxim Integrated Products ( MXIM) rose 0.5% to $13.47.

Qualcomm ( QCOM) rose 2% to $43.08.

Broadcom ( BRCM) rose 1.7% to $23.56.

Nvidia ( BRCM) defied the trend, falling 1.5% to $10.88.