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Semiconductor stocks climb as Micron results and lower Treasury yields boost premarket trading

  • Semiconductor stocks extended gains in Friday premarket trading.
  • 1.91%: Intel gained more than Nvidia’s 1.18% advance.
  • Treasury yields pulled back, easing pressure on high-valuation technology shares.

Semiconductor stocks extended their advance in Friday’s premarket trading after Micron Technology reported upbeat quarterly results. A pullback in Treasury yields also eased pressure on high-valuation technology shares. Nvidia rose 1.18%, Intel gained 1.91%, and Broadcom was also named among the stocks in focus.

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