Chip stocks are getting a nice boost in after-hours trade Wednesday, after sector leader Intel Corp. reported better-than-expected second-quarter results. The Market Vectors Semiconductor ETF surged 2.2%, after slipping 0.5% during the regular session. The ETF, which had closed at an 8-month low last Friday, had lost 5% over the past three months through Wednesday’s close, compared with a 1.8% rise in the technology-friendly Nasdaq Composite over the same time. Among the more-active SMH components seeing after-hours activity Wednesday, shares of Micron Technology climbed 2.3%, Advanced Micro Devices hiked up 2% and Texas Instruments tacked on 1.3%. Meanwhile, Intel’s stock shot up 4.6%.
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