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Microchip shares rise on communication chip 1Q profits



By AP
23 April 2008 @ 04:27 pm EST

NEW YORK - Shares of major microchip companies rose Wednesday, helped by strong earnings from communications chip makers Anadigics Inc. and Broadcom Corp.

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Quotes
ANAD 2.29 -0.21
BRCM 14.33 -0.77
INTC 15.6 -0.33
TXN 17.81 -1.04
QCOM 37.57 -2.75
AMD 4.08 -0.19

SYMBOL LOOKUP

How major chip companies fared in trading Wednesday:

Intel Corp., up 57 cents, or 2.6 percent, to $22.56.

Texas Instruments Inc., up 24 cents to $29.06.

Qualcomm Inc., up 34 cents to $41.89.

Advanced Micro Devices Inc., down 4 cents to $5.92.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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