US semiconductor index hits highest in nearly a year on hopes for industry turn
By Chuck Mikolajczak NEW YORK (Reuters) – The Philadelphia semiconductor index hit its highest level in nearly a year on Thursday, as optimism grows that a sales downturn in the industry has reached its nadir, in part due to a surge in artificial intelligence (AI) technology. The index climbed 1.6%, adding to a gain of …
US semiconductor index hits highest in nearly a year on hopes for industry turn Read More »