U.S.-listed semiconductor stocks rise, with Sandisk up 7.42%

U.S.-listed semiconductor and semiconductor-equipment stocks broadly moved higher, according to MSX.COM data. Among chipmakers and related names, Sandisk rose 7.42%, Micron Technology gained 4.25%, Taiwan Semiconductor Manufacturing Co. added 0.53%, Broadcom rose 0.23%, Advanced Micro Devices climbed 0.11%, Intel advanced 0.86% and Arm gained 0.76%. In semiconductor equipment, AXT jumped more than 11%, Applied Materials and MKS Instruments each gained more than 5%, while KLA, Teradyne and Lam Research rose about 2%. The moves indicated broad-based strength across the semiconductor sector and its equipment suppliers, a group often watched as a barometer for chip-industry capital spending and manufacturing demand.

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