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Philadelphia Semiconductor Index climbs over 2% intraday as AI compute leasing stocks rise

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The Philadelphia Semiconductor Index rose more than 2% intraday to 11,305.92 points, with AMD up 4.12%, Broadcom up 4.02% and Intel up 3.58%. US AI compute leasing stocks also gained early, with Nebius up 11%, IREN up 7.7% and Coreweave up 6.7%.

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