Intel, Above $40, Leads Chips Up - TheStreet


(INTC) - Get Report

was up 9.1% by early afternoon, crossing $40 for the first time since Tuesday. It managed to rise Thursday in the face of the tech selloff and was helping lead a recovery in the rest of the chip sector.


(ALTR) - Get Report

, pounded this week on a downgrade, was up 10.4% and

Texas Instruments

(TXN) - Get Report

was up 13.7%. The

Semiconductor Index


was up 7.1%.