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Intel

(INTC) - Get Intel Corporation (INTC) Report

was up 1.4% in preopen

Island

trading after the

TheStreet Recommends

Federal Trade Commission

announced it was dropping all investigations of the giant chipmaker.

Late Monday,

Broadcom

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asked a California court to bar Intel from selling or shipping products that Broadcom maintains result from stolen trade secrets. Broadcom was up 2.3% in the preopen.