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Intel and AMD jump as Citi sees CPU market reaching $237 billion by 2030

Verifying
  • PHLX semiconductor index rose after Citi issued a bullish chip-sector assessment.
  • Intel gained 9.8%, while AMD climbed 6.6% and ARM Holdings rose 4.7%.
  • Citi forecast a $237 billion CPU market by 2030, up from $29 billion in 2025.
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