Intel Up and Chips Point Higher, Amid Concerns

Intel

(INTC) - Get Report

was up 5.5% in preopen

Island

trading, a day after striking a 52-week low of $32.06 amid concerns about demand for semiconductors in the wake of slowing PC sales. Other semiconductor-related issues were also up in the preopen, despite a warning from specialty chipmaker

Xilinx

(XLNX) - Get Report

.

Atmel

(ATML)

was up 7.7% and

Applied Micro Circuit

(AMCC)

was up 5.2%.