Chip giant Intel (INTC) posted a small gain in second quarter earnings after the close of trading late yesterday, to $2.95 billion, or $0.54 per share, from $2.89 billion, or $0.51 per share, last year.
Adjusted earnings of $0.59 per share exceeded analyst expectations.
A fifth consecutive quarter of record revenue, with a 21% gain to $13 billion, exceeded expectations as well.
Intel said it is now looking for revenue of $13.5 billion to $14.5 billion in the third quarter, better than analysts have forecast at the high end.
Also late yesterday, eBay (EBAY) said its second quarter earnings fell to $$283.4 million, or $0.22 per share, from $412 million, or $0.31 per share, last year.
Adjusted earnings of $0.48 per share exceeded analyst forecasts, as did a 25% increase in revenue, to $2.76 billion.
And, Qualcomm (QCOM) reported a gain in third quarter earnings to $1.04 billion, or $0.61 per share, from $767 million, or $0.47 per share, last year.
Adjusted earnings of $0.73 per share were ahead of analyst expectations, as was a 34% increase in revenue, to $3.62 billion.
The cell phone chipmaker raised its full year 2011 guidance for adjusted earnings in a range of $3.15 to $3.20 per share.
These stocks are major components for some tech ETFS.
The Semiconductor HOLDRS is trading down slightly Thursday.
Intel (INTC) is the top holding in the Proshares Ultra Semiconductor Fund (USD), which is trading down 1.4% Thursday.
The iShares PHLX SOX Semiconductor Sector Index Fund (SOXX) is trading flat.
Qualcomm is 62% of the Broadband HOLDRS (BDH) ETF, which is trading down about 2% Thursday.
And, eBay is the #2 stock in the Internet HOLDRS (HHH) fund, behind Amazon.com (AMZN). The Internet HOLDRS is trading up over .8% Thursday.
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