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Philadelphia Semiconductor Index gains 4% as chip stocks rally on AI optimism and geopolitical thaw
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Aussie Micro-Caps Ride Global AI Wave
The global artificial intelligence trade is roaring back to life, driving stunning returns for chip companies worldwide. The Philadelphia Stock Exchange Semiconductor Index, which tracks the world’s largest chip manufacturers, jumped 4.3 per cent in its best day in seven weeks, and has gained 78 per cent this year, led by memory chipmaker Micron. However,
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Cryptocurrency News | Cryptocurrency Prices | Market CapPhiladelphia Semiconductor Index gains 4% as chip stocks rally on AI optimism and geopolitical thaw
AI-driven demand and potential US-China diplomatic progress could reshape global chip supply chains, impacting tech innovation and market dynamics.
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