Chips Near Session Highs: Marvell Technology, Intel in Spotlight

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Semiconductor stocks are leading the way higher, as two big investors disclosed positions in Marvell and Intel. Marvell Technology Group Ltd.
MRVL
shares are near session highs, as the chip company was in the news yesterday. Renowned hedge fund investor David Einhorn of Greenlight Capital announced a position in the company when his 13F was disclosed. At last check, shares were up 19 cents to $15.03, a gain of 1.29%‎. Warren Buffett disclosed that he had purchased a stake in Intel
INTC
, the world's leading semiconductor company. At last check, shares were up 76 cents to $25.39, a gain of 3.08%‎ on 55 million shares.
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Posted In: MoversTechDavid EinhornGreenlight CapitalWarren Buffett
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