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Sector Snap: Semiconductos stocks climb



By AP
13 May 2008 @ 12:35 pm EST

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Quotes
INTC 20.61 0.09
CSCO 22.26 -0.02
MPWR 21.14 -0.35
SNDK 17.64 4.18

SYMBOL LOOKUP

Shares in San Jose, Calif.-based Monolithic Power added 4 cents to $24.01.

In other news, Citi analyst Craig A. Ellis was upbeat about memory chip maker SanDisk Corp., commenting in an analyst note that the company was "moving into the seasonal sweet spot." He also said that through October, he anticipates catalysts that could support an increase in his earnings-per-share estimates.

Shares in Milpitas, Calif.-based SanDisk rose $1.13, or 3.9 percent, to $30.40. Shares have traded in the last 12 months between $19.54 and $59.75.

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 This material may not be published, broadcast, rewritten or redistributed.

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