Intel Led the Major Semiconductor Stocks Remaining Green in Morning Trading; It Gained Over 4% While AMD Rose Over 2%
$Intel$ led the major semiconductor stocks remaining green in morning trading; it gained over 4% while $Advanced Micro Devices$ rose over 2%.$Intel$ swung to a quarterly profit after two quarters of record losses, boosted by a turnaround in the personal-computer market. The $1.5 billion profit defied analysts' expectations of another loss. It came after the $2.76 billion shortfall that Intel reported the previous quarter, the worst ever recorded for the storied chip maker.