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Opening Glance: Chip stocks down on broader market



By AP
25 April 2008 @ 10:37 am EST

NEW YORK - Shares of major microchip companies fell with the broader technology market Friday, in part because of a disappointing second-quarter outlook from MEMC Electronic Materials Inc., which provides silicon wafers used in chip production.

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Quotes
WFR 49.04 -0.81
INTC 22.87 -0.72
TXN 24.53 -0.16
QCOM 52.62 -1.35
AMD 6.29 0.04

SYMBOL LOOKUP

Here's how the major chip companies fared in trading Friday:

Intel Corp. down 43 cents to $22.27.

Texas Instruments Inc. down 26 cents to $29.34.

Qualcomm Inc. down 40 cents to $42.77.

Advanced Micro Devices Inc. down 8 cents to $5.95.

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 This material may not be published, broadcast, rewritten or redistributed.

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