Chip-related shares up on Intel's solid earnings
Reuters, Monday, October 14, 1996 at 22:11
TOKYO, Oct 15 (Reuter) - Shares of semiconductor-related
firms jumped in Tuesday morning trade, encouraged by news of
solid earnings for U.S. chipmaker Intel Corp (NASDAQ:INTC), traders
said. On Monday, Intel reported third quarter earnings of $1.48
per share, which was higher than analysts' expectations.
As of 0156 GMT, the share price of Advantest Corp (TOKYO:6857)
surged 120 yen to 4,510 yen on volume of 116,300 shares. Oki
Electric Industry (TOKYO:6703) was up 15 yen at 740 yen, on volume
of 1.65 million shares.
NEC Corp (TOKYO:6701), a major semiconductor maker, was also up
20 yen at 1,280 yen. The volume was 1.554 million shares.
Companies or Securities discussed in this article:
Symbol
Name
NASDAQ:INTC
Intel Corp
TOKYO:6857
Advantest Corp.
TOKYO:6703
Oki Electric Industry
TOKYO:6701
NEC Corp
All over the world, traders are buying up chip stocks! Go Intel! |
