Several semiconductor manufacturers saw their stock increase upon news of Intel's strong performance in Asia over recent months.
According to Reuters, Intel's performance in the Asian market was above the expectations of financial experts on Wall Street.
California based chipmaker Intel, itself the largest manufacturer of semiconductor devices in the world, is believed to have gained from an increase in demand for computers by large corporations.
As a result of Intel's showing, shares in semiconductor companies Nvidia Corp and Advanced Micro Devices rose by more than three per cent.
Shares in other semiconductor manufacturers in Taiwan, South Korea and Japan responded well to the news.
According to Silicon Valley Mercury News, demand for a new range of server chips to allow companies to store data via the internet will allow operators in the sector to continue growth.
In addition, strong computer sales are expected in China during Chinese New Year, which is usually a stronger period for retail.
According to Reuters, Intel's performance in the Asian market was above the expectations of financial experts on Wall Street.
California based chipmaker Intel, itself the largest manufacturer of semiconductor devices in the world, is believed to have gained from an increase in demand for computers by large corporations.
As a result of Intel's showing, shares in semiconductor companies Nvidia Corp and Advanced Micro Devices rose by more than three per cent.
Shares in other semiconductor manufacturers in Taiwan, South Korea and Japan responded well to the news.
According to Silicon Valley Mercury News, demand for a new range of server chips to allow companies to store data via the internet will allow operators in the sector to continue growth.
In addition, strong computer sales are expected in China during Chinese New Year, which is usually a stronger period for retail.