US Chip Stocks Hit Record Highs Following Strong Intel Revenue Forecast
Key Points: US chip stocks soared to record highs after Intel released an unexpectedly strong revenue forecast. The Philadelphia SE Semiconductor Index rose 3.2% to hit an all-time high, extending a massive 18-day winning streak. Intel shares surged 22.6%, finally soaring past the company's previous dotcom-era peak from the year 2000. Tech investors largely ignored news of a new AI model from Chinese startup DeepSeek,...