
Investors love chips. Official...
Published: 17 October 2001 11:10 BST
Parthus Technologies led the chip surge on European exchanges today, jumping 25.9 per cent after reporting a 22 per cent rise in third quarter revenue and lowered net losses.
Intel results, along with stable results from IBM, also lifted chip shares.
Intel shares rose 2.38 per cent after a 96 per cent drop in profit met analysts reduced expectations.
ARM, which posted a 42 per cent rise in profit earlier this week, rose 5.02 per cent and AMD increased 3.71 per cent.
Transmeta, which today appointed a new CEO, rose 5.33 per cent, Infineon jumped 7.81 per cent and STMicroelectronics jumped 6.23 per cent.
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