Intel Drives Friends and Rivals (INTC, DELL, MSFT, AMD, NVDA, MU, RMBS)

Posted in General, pre-market 
August 28th, 2009

Intel Corporation (NASDAQ: INTC) guidance is driving the tech sector, despite Dell Inc. (NASDAQ: DELL) already giving a lift to the sector…..Right before the open at 9:28 AM EST Intel stock is up 4.5% at $20.35 on about 8 million shares.  Look at peers and competitors:

  • Advanced Micro Devices Inc. (NYSE: AMD) is up over 5% at $4.30 on well over 1 million shares right before the open…
  • Microsoft Corporation (NASDAQ: MSFT) was up 2.2% at $25.22 on only about 600,000 shares.
  • NVIDIA Corporation (NASDAQ: NVDA) was up 2.4% at $14.35 on 52-week highs.
  • Micron Technology Inc. (NYSE: MU) is up 2% at $7.35 on volume, also on 52-week highs.
  • Rambus Inc. (NASDAQ: RMBS) is up 1% at $19.40 on light volume, but keep an eye on $19.94 as that is the 52-week high level.

JON C. OGG

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