#chip stocks

AMD and Super Micro surge on blowout earnings as chip sector powers S&P to record, SOXX +5%

Super Micro Computer and AMD delivered blowout earnings that lifted SOXX 5% and pushed the S&P 500 to a fresh record on Wednesday. Iran peace deal optimism added a second tailwind as the Nasdaq gained 2% and chip equipment names swept higher alongside the two headline beats.

Texas Instruments: A Coiled Spring in the Semiconductor Cycle