On July 6 local time, chip stocks in the US equity market rallied across the board, with the Philadelphia Semiconductor Index surging more than 3.5%. In terms of individual stocks, AMD and Broadcom rose more than 6%, Intel and Qualcomm gained over 5%, TSMC climbed nearly 5%, ASML and Marvell Technology increased more than 3%, and Micron Technology rose nearly 3%. Additionally, ASTERA LABS and CREDO TECHNOLOGY surged over 8%, while Teradyne, ARM, Advanced Micro Devices, and others gained more than 5%.
