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via finance.yahoo.comTech & AI

Nvidia, AMD and Micron lead chip stocks higher for third straight day

FROM THE WIRE · FINANCE.YAHOO.COM

Semiconductor stocks gained on Wednesday with the PHLX Semiconductor Index (^SOX) rising for a third day in a row. Shares of AI chip heavyweight Nvidia (NVDA) rose almost 1% in premarket, while AMD (AMD), Broadcom (AVGO), and Intel (INTC) stocks jumped more than 1%. The move…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe third straight sector gain follows SK Hynix results and AI-driven chip demand.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The PHLX Semiconductor Index rose for three consecutive sessions.
  2. 02Nvidia rose almost 1% in premarket trading.
  3. 03SK Hynix reported profits up sevenfold last quarter.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock217.94 USDAwaiting tradestoday +0.90%Positive Advanced Micro Devices, Inc.AMDStock560.26 USDAwaiting tradestoday +5.45%Positive Broadcom Inc.AVGOStock342.33 USDAwaiting tradestoday +4.00%Positive Intel Corp.INTCStock93.74 USDAwaiting tradestoday +3.61%Positive PHLX Semiconductor IndexINDEX:SOXIndex11,563.33+0.70%today +0.70%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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