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Nasdaq Composite rises 1% as chip stocks climb

NewsFeeds update

The Nasdaq Composite rose 1% and the Philadelphia Semiconductor Index gained 2.37% to 11,346 points, with Nvidia up 0.87%, TSMC up 2.62% and Broadcom up 3.49%. The Dow added 0.08% and the S&P 500 0.53%.

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