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Philadelphia Semiconductor Index Surges 3%; Wolfspeed up 14%; UMC up 13%; Micron, SOXL, Navitas up Around 11%; Marvell up 10%; AMD, Broadcom up 3%
Chip, storage stocks rallied in premarket trading. UMC up over 11%; Navitas, SOXL up around 6%; Micron up nearly 4%; AMD, SanDisk up around 2%.Space stocks gained in premarket trading. Redwire up nearly 12%; Intuitive Machines up over 7%; VCX, AST SpaceMobil up around 6%.
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