# American chip stocks hit new peaks on Friday.

*semiconductor · news · 2026-04-24 · The Economic Times*

## Key points

- Intel surpassed its dotcom-era stock peak with a 22.3% surge after revealing a strong revenue outlook.
- The Philadelphia SE Semiconductor Index is on a record-breaking streak of 18 consecutive single-day gains.
- First-quarter earnings growth for the semiconductor sub-industry is projected at 104.9%, far outpacing other tech sectors.
- U.S. chip stocks have largely dismissed competitive concerns from Chinese AI startup DeepSeek's new model.

**Companies:** Intel, Nvidia, AMD, Arm, Texas Instruments
**Countries:** United States, China

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/artificial-intelligence/us-chipmakers-hit-record-highs-as-intel-turbocharges-ai-rally/articleshow/130497073.cms)

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