Chip Stocks Rise in Afternoon Trading
Market Intelligence Analysis
AI-PoweredChip stocks, including ASML Holding, Broadcom, Taiwan Semiconductor, and Texas Instruments, experienced a significant increase in after-hours trading, with ASML Holding leading the pack with a 7% gain.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
The tech-heavy Nasdaq Composite index was higher ahead of Friday's closing bells, with stocks of chip makers solidly in the green. U.S.-listed shares of Dutch chipmaking equipment manufacturer ASML Holding were up 7%, while those of Broadcom, Taiwan Semiconductor, and Texas Instruments were up 4%, 1.
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