Investing

Tuesday Morning's 15 Tech Stock Movers Include Intel, Nvidia and Tower Semiconductor

Microchip Technology Inc. (NASDAQ: MCHP) traded up about 3.1%, at $73.39 in a 52-week range of $64.53 to $90.00.

Lam Research Corp. (NASDAQ: LRCX) traded up by about 2.9%, at $574.58 in a 52-week range of $501.67 to $731.85. The company had no specific news, but it is another semiconductor equipment maker.

KLA Corp. (NASDAQ: KLAC) traded up by about 3.3%, at $377.25 in a 52-week range of $273.24 to $457.12. Another semiconductor equipment maker.

Applied Materials Inc. (NASDAQ: AMAT) traded up about 2.7%, at $135.39 in a 52-week range of $105.50 to $167.06. The company had no specific news, but it is another semiconductor equipment maker.

ASML Holding N.V. (NASDAQ: ASML) traded up about 3.0%, at $646.99 in a 52-week range of $501.11 to $895.93. The company had no specific news, but it is another semiconductor equipment maker.

Analog Devices Inc. (NASDAQ: ADI) traded up 2.7%, at $158.19 in a 52-week range of $142.25 to $191.95. The company had no specific news but makes the same sort of chips as Tower.

Cadence Design Systems Inc. (NASDAQ: CDNS) traded up 2.1%, at $145.03 in a 52-week range of $118.11 to $192.70. Cadence makes the application software that many chipmakers use to design their chips.

NXP Semiconductors N.V. (NASDAQ: NXPI) traded up by about 2.2%, at $189.97 in a 52-week range of $164.19 to $239.91. The chipmaker had no specific news.

Intel Corp. (NASDAQ: INTC) traded up about 0.2%, at $47.67 in a 52-week range of $46.30 to $68.49. Investors were pleased to see the company take a step to grow its business.

On the negative side, we could find only three tech stock losers in early trading Tuesday.

Fiserv Inc. (NASDAQ: FISV) traded down about 1.4%, at $96.54 in a 52-week range of $92.06 to $127.34. The company had no specific news, but rival Fidelity National Information Services posted weak results and offered downside guidance in the morning. Fiserv’s decline is likely a coattail effect.

Intuit Inc. (NASDAQ: INTU) traded down about 0.5%, at $526.18 in a 52-week range of $365.15 to $716.86. Revenue guidance did not meet expectations.

Splunk Inc. (NASDAQ: SPLK) traded down about 0.7%, at $124.09 in a 52-week range of $105.45 to $176.66. The company is not going to be acquired by Cisco for $20 billion or more. At least, not yet.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.