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Philadelphia Semiconductor Index Rises 3% as Advanced Micro Devices Leads

The index reached 11,416.10 during intraday trading Tuesday, and all eight listed semiconductor stocks were higher.

Eight silicon chips rise across a reflective wafer surface / TokenPost.ai
Eight silicon chips rise across a reflective wafer surface / TokenPost.ai

The Philadelphia Semiconductor Index advanced 3% Tuesday to 11,416.10 intraday, while Advanced Micro Devices led a broad move higher among the eight semiconductor stocks in the snapshot.

Advanced Micro Devices (AMD) rose 5.43%. Broadcom gained 3.89%, Intel added 3.56% and Taiwan Semiconductor Manufacturing Co. (TSMC) climbed 3.03%. ASML rose 3%, Micron gained 2.76%, Nvidia advanced 1.20% and Qualcomm added 1.09%.

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