Marvell, AMD Rally, Lead Chip Stocks To Record High
Chip stocks surged on Wednesday following announcements at the Computex trade show in Taiwan. The Philadelphia semiconductor index (SOX) rose 1.4%, reaching a record high. AMD and Marvell Technology were among the top performers driving the rally.
- ▪The Computex trade show in Taiwan sparked positive sentiment for semiconductor companies.
- ▪The SOX index, representing the 30 largest U.S. semiconductor stocks, climbed 1.4% to a new record.
- ▪AMD and Marvell Technology posted notable gains, leading the broader chip sector higher.
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Technology Marvell, AMD Rally, Lead Chip Stocks To Record High Licensing PATRICK SEITZ Updated 06:51 PM ET 06/03/2026 Chip stocks continued their historic ascent on Wednesday, buoyed by news from the Computex trade show in Taiwan. The Philadelphia semiconductor index, known as SOX, hit a record high as AMD (AMD), Marvell Technology (MRVL) and others rose. The SOX, which includes the 30 largest semiconductor stocks traded in the U.S., rose 1.4% on the stock market today. Earlier in……
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