On Monday, investors bid up the stocks of chip makers in anticipation of further consolidation.
PIXELWORKS, Tualatin, Ore., said it had agreed to buy NDSP Corp., Campbell, Calif., a maker of silicon chips, for $21.3 million in stock to bolster its line of chips for television and flat-panel computer screens.
Also, stock prices of chip companies don't escape earth's gravity.
IT is tempting to buy stocks of sound, blue-chip businesses at current prices, but with few signs that economic conditions are about to improve, holding a lot in cash has much to recommend it too.
Stock a bucket full of chips and make sure there are sweets for afterward, and you've got all you need for an afternoon of football.
Buying a rack of salt shakers, a variety pack of chips, and stocking up on our own custom seasoning for the rest of the year.
The company's shares have rocketed by 42% in 12 months - making them second only to General Motors among Wall Street's top performing blue-chip stocks of the year.
But that doesn't mean a return to the unreal days of the first half of last year, when chip stocks of every kind soared to dizzying heights, as sales surged and demand outstripped supply.
Partly because the market has recently favored U.S. blue-chip stocks of the sort found in this fund, partly because of its low overhead and partly because actively managed funds squander a lot of dollars trying to beat the index, the Vanguard 500 Index Fund beat 86% of all stock funds last year and a higher percentage of all stock funds over the past decade.
Predictably, the stocks of these market-leading blue-chip companies also plummeted.
