Tech Up After Intel Earnings -- Tech Roundup

Shares of tech companies rose after strong earnings from a major chip maker.

Shares of Intel surged after the semiconductor giant said strong demand for data-center and cloud-computing products offset issues with the maturing pesonal-computer market. Analysts at brokerage Barclays said Intel could soon top Wall Street growth estimates again.

Shares of cloud-computing and storage infrastructure concern VMware surged after The Wall Street Journal reported that closely held Dell is considering a range of strategic alternatives, including the purchase of a balance of VMware.

--Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

January 26, 2018 16:26 ET (21:26 GMT)