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Philadelphia semiconductor index climbs more than 7%

NewsFeeds update

The Philadelphia Semiconductor Index extended its intraday gain to 7%, with AMD up more than 12%, Broadcom more than 9% and Micron more than 7%. Qualcomm, ASML and TSMC rose more than 4%, Intel more than 5%, while Nvidia fell more than 3%.

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The story so far: US semiconductor stocks rally

US semiconductor shares extended gains on 3 Nov, with AMD, SanDisk and Cerebras up more than 5%. On 6 Nov premarket, chip stocks extended gains further, with Nvidia up over 5%, AMD over 8% and SanDisk over 12%. SanDisk later rose 10.58% intraday to $892.86.

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  1. Philadelphia semiconductor index climbs more than 7%

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