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Philadelphia Semiconductor Index climbs 5% as chip stocks rally

NewsFeeds update

The Philadelphia Semiconductor Index rose as much as 5% during the session, with AMD and Marvell Technology up more than 8%, Broadcom 7.6%, Arm over 6% and Micron 5.5%.

MacroOdailyAINeutral

Read the original on Odaily

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. US semiconductor stocks extend gains, AMD, SanDisk and Cerebras up over 5%

  2. US chip stocks extend premarket gains, SanDisk up over 12%

  3. SanDisk shares rise 10.58% intraday to $892.86

  4. Nasdaq gain widens to 2% as AMD and SanDisk jump after US open

  5. Philadelphia Semiconductor Index climbs 5% as chip stocks rally

  6. Philadelphia semiconductor index climbs more than 7%

More Macro updates

  1. Fed researchers say oil price spikes hit core inflation harder than before pandemic

    MacroBloomingbitAINeutral

  2. Euro Stoxx 50 tops 6,300 points, up 2.7% on previous close

    MacroOdailyAINeutral

  3. Philadelphia semiconductor index climbs more than 7%

    MacroOdailyAINeutral

Every Macro update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.