Expect the following technology stocks to be among Monday's most actively traded issues: Intel, Sun Microsystems and Teradyne.
The chipmaker announced this weekend that it would invest $50 million in a Hong Kong-based company called Pacific Century Cyberworks, which was formerly known as Tricom Holdings Ltd.
As part of the deal, an Intel joint venture with Pacific Convergence Group, now the owner of CyberWorks, will be taken over by PCG.
Intel shares fell 1/2 to 69 Friday.
Sun Microsystems said Sunday it is working on a new family of computer chips that will eventually power media-rich consumer devices such as video game machines, handheld computers, and screen phones.
Its shares closed off 1/4 to 67 7/8 Friday.
Sun plans to unveil its design for its new media chips, called the MAJC (pronounced magic) Instruction Set Architecture at the Hot Chips Conference, a symposium on high-performance chips at Stanford University later this month.
Company officials said the chips designed with this structure are expected to be discussed at the Microprocessor Forum, an industry conference this October.
The stock peaked at 76 7/16 in July.
The maker of automatic test equipment announced a 2-for-1 stock split Friday.
Its shares closed off 1/4 to 74 1/4 Friday.
In its latest quarter, Teradyne raked in $35.8 million, or 40 cents a share, on sales of $400 million.
All 15 analysts following the stock maintain either a "buy" or "strong buy" recommendation.
Reuters contributed to this report.>