Computer-Chip Recovery ?
Intel climbed 42 cents to $19.29. The company expects a ``slight'' recovery in the personal-computer industry, while the telecommunications industry isn't getting any worse, Chief Operating Officer Paul Otellini said, according to Hans-Jurgen Werner, a Germany-based spokesman. Otellini made the comments to the Handelsblatt newspaper.
Advanced Micro Devices Inc., Intel's biggest rival in personal-computer processors, gained 22 cents to $7.47 in Germany.
Nvidia, whose chips are used in Microsoft Corp.'s Xbox video- game machine surged $1.74, or 11 percent, to $17.80. Sales this quarter may rise as much as 18 percent to $478 million, the company said, beating the $424.3 million average of analysts surveyed by Thomson Financial.
Texas Instruments Inc., the world's largest maker of chips that power cellular telephones, increased 11 cents to $18.98 in Germany. Analog Devices Inc., a maker of semiconductors for computers, rose 35 cents to $33.27. Applied Materials Inc., which supplies factory machinery to chipmakers, added 21 cents to $14.80 on Instinet. |
