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Philadelphia Semiconductor Index Gains 4.7% as SOXL Advances 14.06%

A 10.39% jump made Lumentum the group’s top performer.

Updated 1 min read
A technician inspects a silicon wafer inside a semiconductor cleanroom in Hsinchu, Taiwan. / TokenPost.ai (macro)
A technician inspects a silicon wafer inside a semiconductor cleanroom in Hsinchu, Taiwan. / TokenPost.ai (macro)

SOXL added 14.06% Wednesday. The Philadelphia Semiconductor Index rose 4.7%.

The advance erased the benchmark’s losses from a 12% plunge in the Nov. 5 selloff.

Among the named companies, Lumentum rose 10.39% and Seagate Technology gained 8.39%. SK Hynix and Micron Technology advanced 7.42% and 6.98%, respectively; Intel added 6.77%.

Broadcom shares advanced 5.19%. Taiwan Semiconductor Manufacturing Co. rose 4.19%, while Nvidia gained 2.72%.

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