The Philadelphia Semiconductor Index climbed 1.8% on Thursday, surpassing the key 10,000-point threshold and achieving a record-breaking 17-day winning streak. Among the index components, Texas Instruments (TXN.US) surged more than 15% following its earnings report. ON Semiconductor (ON.US) gained over 8%, while Analog Devices (ADI.US) and NXP Semiconductors (NXPI.US) advanced more than 4%. Marvell Technology (MRVL.US) and Intel (INTC.US) also rose more than 3%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments