# The Philadelphia Semiconductor Index has climbed for 17 straight trading sessions.

*business · news · 2026-04-24 · Business Insider*

## Key points

- The Philadelphia Semiconductor Index (SOX) has risen for 17 consecutive sessions, its longest streak ever.
- SOX surged 41% during this record run, outperforming the S&P 500's 12% and Nasdaq's 18% gains.
- TSMC and ASML both raised full-year revenue forecasts due to continued strong AI-related demand.
- Early reporting shows Intel beat analysts’ Q2 guidance expectations, signaling competitive AI-infrastructure growth.
- Qualcomm and Intel rallying despite memory-chip exposure signals broad semiconductor sector strength this cycle.

**Companies:** Nvidia, TSMC, ASML, Intel, Qualcomm, United Microelectronics
**Countries:** Taiwan, Netherlands, United States

[Read the full story on Business Insider](https://www.businessinsider.com/philadelphia-semiconductor-index-sox-streak-key-stocks-rally-nvidia-intel-2026-4)

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