rose 0.6% after the Semiconductor Industry Association reported that chip sales rose 3.2% from July to August to $18.6 billion, driven by strong PC, cell phone and consumer electronics sales.
AMD, Micron and Nvidia were among those gaining on the news.
The broader market slipped after the national ISM manufacturing report showed a big jump in raw materials prices, fanning inflation fears.
The Nasdaq rose 3 to 2155, the S&P lost 2 to 1226, and the Dow fell 33 to 10,535. Volume declined to 2.05 billion shares on the NYSE, but rose to 1.87 billion on the Nasdaq. Advancers led 18-14 on the NYSE, and 16-14 on the Nasdaq. Upside volume was 55% on the NYSE, and 57% on the Nasdaq. New highs-new lows were 230-57 on the NYSE, and 161-42 on the Nasdaq.
BlindView rose 10% on news that it will be acquired by Symantec.
Lexar soared 18% on a JP Morgan upgrade.
THE MARKETS: STOCKS & BONDS; STOCKS SHRUG OFF RECENT BATTERING WITH A ::
remains for some companies to eke out earnings gains, even when Cutting Out the Middlemen, Shoppers Buy Slices of Farms. Recipe: Chocolate Chip Cookies
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Techs Eke Out Gain to End Losing Streak (Oracle Corp. (ORCL),Qwest ::
SmartMoney Home: Stocks: Breaking News: Techs Eke Out Gain to End Losing Dow and the Nasdaq were both dragged down by chip goliath Intel (INTC), which
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Sun rose 6.6% on expectations of a partnership with Google.
Affiliated Computer lost 3% on a change at the top.
Vitesse lost 10% on a warning.
Telewest edged higher on plans to merge with NTL.
IBM Powers New Servers, Chip Tech
Skype Sticks With GIPS
Chip Stocks Help Nasdaq Eke Out Gain