Intel Lifts A Number of Chips, Techs and ETFs (AMD, NVDA, TXN, AMAT, more)

Strong results and guidance from chip giant Intel (Nasdaq: INTC) is lifting a number of stocks and ETFs.

Intel reported Q2 EPS of $0.51, 8 cents better than the analyst estimate of $0.43. Revenue for the quarter was $10.8 billion, which compares to the estimate of $10.25 billion. Intel sees Q3 sales of $11.6 billion plus or minus $400 million. The Street is looking for sales of $10.92 billion. Sees quarterly gross margin of 67% +/- couple % points.

Movers:

• Intel (Nasdaq: INTC) +5.2%
  
• AMD (NYSE: AMD) +5.2%
  
• NVIDIA (Nasdaq: NVDA) +3.7%
  
• Applied Materials Inc. (Nasdaq: AMAT) +3.4%
  
• Marvell Technology (Nasdaq: MRVL) +3.7%
  
• Microsoft Corporation (Nasdaq: MSFT) 2.5%
  
• Texas Instruments Inc. (NYSE: TXN) +1.8%
  
• Broadcom Corp. (Nasdaq: BRCM) +1.5%
  
• Micron Technology Inc. (NYSE: MU) +1.8%
  
• Apple Inc. (Nasdaq: AAPL) +0.8%
  
• QUALCOMM (Nasdaq: QCOM) +0.4%
  
• Hewlett-Packard Company (NYSE: HPQ) +1%
  
• Semiconductor HOLDRs (NYSE: SMH) +2.9%
  
• PowerShares QQQ (Nasdaq: QQQQ) +0.9%

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