Technology Sector Update for 06/20/2017: MSFT, IBM, AAPL, CSCO, GOOGL, AMD, AMZN, QCOM

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Top Technology Stocks:

MSFT: -1.2%

AAPL: -0.9%

IBM: +0.2%

CSCO: -0.1%

GOOGL: -0.1%

Technology shares were mainly lower in Tuesday's mid-day trade.

In technology stocks news, Advanced Micro Devices ( AMD ) rose 4.6% following a report on Forbes that said it may now be ahead of Intel ( INTC ) as its Ryzen Threadchipper chip is expected to be ready by the end of next month while Intel's Core I9 Extreme chip reportedly won't be available until October.

In other sector news,

(+) AMZN, (0.4%) Amazon's Prime Wardrobe a "significant" push into apparel, KeyBank says

(-) QCOM (1.6%) Makes a strategic investment in Amionx, a developer of safe battery technology that is a spin-off of American Lithium Energy

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Technology , Commodities
Referenced Symbols: AMD , INTC , MSFT , IBM , AAPL

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