semiconductor / news / / The Economic Times
American chip stocks hit new peaks on Friday.
Intel surpassed its dotcom-era stock peak with a 22.3% surge after revealing a strong revenue outlook.
KEY POINTS
- 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
Summarized by Newsio from The Economic Times. How we summarize →