NEW YORK—Shares of major microchip companies wavered Monday morning as investors await the outcome of the Federal Reserve's policy meeting on Tuesday and Wednesday.
Some analysts have said they expect the Fed to cut interest rates by a quarter point.
Here's how the major chip companies fared in early trading Monday:
Intel Corp. up 5 cents to $22.61.
Texas Instruments Inc. up 17 cents to $29.63.
Nvidia Corp. down 16 cents to $19.99.
Advanced Micro Devices Inc. up a penny to $6.07.
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