Chip Stocks End the Day Mixed
Updated from 3:30 p.m. EDT
Chip stocks seesawed Wednesday, mirroring turbulence in the broader market.
A rally based in part on a not-so-terrible
durable goods
report faded in the afternoon, taking with it tech-stock gains, though the major indices did recover modestly by the time the market closed. Among the semiconductors,
STMicroelectronics
(STM) - Get Report
-- which makes components for long-lasting goods in addition to those for computers -- maintained gains, finishing the day up 7.3% at $4.71.
Applied Materials
(AMAT) - Get Report
also rose, gaining 3.8% to $10.99.
Among the other winners:
Advanced Micro Systems rose 1% to $3.17.
Maxim Integrated Products rose 0.7% to $13.48.
Nvidia rose 1.6% to $9.94.
Among the day's less fortunate:
Texas Instruments fell 1.3% to $16.43.
Intel fell 0.4% to $14.94.
National Semiconductor fell 2% to $10.16.
Broadcom fell 3.8% to $19.80.
Atmel Corp. fell 4% to $3.63.