U.S. chipmakers hit record highs as Intel turbocharges AI rally

1 month ago 1
ARTICLE AD BOX
The semiconductors sub-industry unsocial  is expected to grounds   first-quarter net  maturation  of 109.2% [File]

The semiconductors sub-industry unsocial is expected to grounds first-quarter net maturation of 109.2% [File] | Photo Credit: REUTERS

U.S. ​chip stocks soared to grounds highs connected Friday arsenic Intel’s unexpectedly beardown gross forecast reinforced assurance that ‌the AI roar powering this year’s rally successful the semiconductor assemblage is ​showing nary signs of slowing down.

The foremost banal scale for spot makers, ⁠the Philadelphia SE Semiconductor Index, roseate 3.2% to an all-time precocious and was connected way to widen its record-breaking streak of single-day gains to 18. The scale has gained much than 47% this year.

Published - April 27, 2026 09:49 americium IST

Read Entire Article