Intel Surges as Techs Rally

Chip bellwether

Intel

(INTC) - Get Report

was up 10.3% near midday as technology issues rallied broadly on the election news and the remarks from

Fed

Chairman

Alan Greenspan

. Among chipmakers,

Texas Instruments

(TXN) - Get Report

was ahead 12.6%,

Rambus

(RMBS) - Get Report

was up 11.3% and

Micron Technology

(MU) - Get Report

was up 10%. The

Philadelphia Stock Exchange Semiconductor Index

(SOX)

was up 9.5%.