Odaily Planet Daily report: According to MSX.COM data, the Nasdaq Composite Index has extended its gain to 1.76%, trading at 26,162.84 points. The Philadelphia Semiconductor Index has surged by 7%, reaching a new intraday high, after plunging 10% last Friday. Among popular sectors, NVIDIA's stock rose 1.77%, TSMC's stock increased 4.18%, Broadcom's stock gained 3.04%, Micron Technology's stock climbed 10.37%, AMD's stock rose 5.7%, ASML's stock advanced 7.29%, Intel's stock jumped 12.66%, and ARM rose 4.48%.
U.S. semiconductor stocks surge, Micron and Intel rise over 10%
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Summary
The Fear and Greed Index reached a neutral level as U.S. semiconductor stocks surged. The Nasdaq Composite rose 1.76% to 26,162.84, while the Philadelphia Semiconductor Index jumped 7%, hitting an intraday high. Micron gained 10.37%, and Intel climbed 12.66%. Altcoins showed mixed performance amid the broader market rally.
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