U.S. Chip Stocks Rally Amid Broad Semiconductor Surge

Deep News07-31

The Philadelphia Semiconductor Index has climbed more than 5% in recent trading.

NVIDIA Corporation shares rose 1.34%, while Taiwan Semiconductor Manufacturing Co Ltd (TSMC) gained 3.30%. SK Hynix Inc surged 7.04%, and Micron Technology Inc advanced 4.62%.

Intel Corporation jumped more than 7%, and SanDisk Corporation also climbed over 7%. Western Digital Corp and Seagate Technology Holdings PLC both rose more than 7% as well.

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