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Philadelphia Semiconductor Index rises 3.05% as chip stocks advance

  • Philadelphia Semiconductor Index advanced as major chip stocks posted gains.
  • 11,588.66 points was the index’s intraday reading after a 3.05% rise.
  • Intel gained 4.62%, while Micron and AMD rose 3.90% and 3.91%.

The Philadelphia Semiconductor Index rose 3.05% intraday to 11,588.66 points on Sept. 17, according to Binance data reported by PANews. Nvidia gained 1.82%, while Broadcom, Micron, Intel, AMD, Qualcomm, TSMC and ASML also recorded advances. The move reflects broad gains across major semiconductor companies during the session.

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