VMware, Inc. (VMW), a Palo Alto-based software company, was leading the pack in early trading Monday morning, with shares up more than 3.6 percent. Semiconductor manufacturer Advanced Micro Devices, Inc. (AMD) and Redwood City-based video game manufacturer Electronic Arts Inc. (ERTS) were also trending upward.
Yahoo, Inc. (YHOO) continued a downward trend that started last week, with shares down more than 1 percent. Maxim Integrated Products Inc. (MXIM) and salesforce.com, Inc. (CRM), which designs customer service software aids, was also trending downward.
Intel Corporation (INTC) continued its own trend of high-volume morning trading, with some 12.92 million shares changing hands Monday. Cisco Systems, Inc. (CSCO) and Apple, Inc. (AAPL) were also trading at high volume.
Overall, the Dow Jones Industrial Average Index is up and down during early trading but trending up. Currently it is above 13,700 points.
In other stock news, Autodesk, Inc. (ADSK), which was trading down inearly trading last week, announced it would be buying back about 20 million shares to offset company costs. Santa Clara-based NVIDIA Corporation (NVDA) announced that the Global Semiconductor Alliance (GSA) has presented it with an award touting it the most respected in terms of products, vision and plans for future.