The Philadelphia Semiconductor Index rose more than 2.7%, with several chip stocks performing strongly, including Wolfspeed up 12%, Lattice Semicon up 8.9%, Microchip Tech up 7.1%, STMicroelectronics N.V. ADR up 6.1%, ON Semiconductor up 5.6%, Texas Instruments up 5.4%, NXP Semiconductors up 5.1%, ASM International ADR up 4.4%, Coherent Inc. up 4.1%, and Arm Holdings up 4%

The Philadelphia Semiconductor Index rose over 2.7%, with chip concept stocks Wolfspeed up 12%, Lattice Semicon up 8.9%, Microchip Tech up 7.1%, STMicroelectronics ADR up 6.1%, ON Semiconductor up 5.6%, Texas Instruments up 5.4%, NXP Semiconductors up 5.1%, ASM International ADR up 4.4%, Coherent Inc. up 4.1%, and Arm Holdings up 4%