Rambus Leads Chips Higher
Rambus
(RMBS) - Get Rambus Inc. Report
was up 19.9% in midafternoon after
Chase H&Q
resumed coverage with a buy rating and a price target of $48. Chip issues were broadly higher. The
Semiconductor Index
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TheStreet Recommends
(SOX)
was up 4.5%. But
Intel
(INTC) - Get Intel Corporation Report
was down 6.1% after
Credit Suisse First Boston
cut its 2001 earnings estimate.