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

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 most 8 meg shares.  Look at peers and competitors:

• Advanced Micro Devices Inc. (NYSE: AMD) is up over 5% at $4.30 on well over 1 meg shares right before the open…
• Microsoft Corporation (NASDAQ: MSFT) was up 2.2% at $25.22 on only most 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