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“Major global chip stocks rally on Micron’s surge; ASML up 4%”

“Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price.

Samsung Electronics and SK Hynix both saw their shares rise on Thursday in South Korea.

Dutch semiconductor equipment maker ASML rose more than 4% in early trade in Europe. Other names including ASMI, Be Semicondcutor and STMicro were also sharply higher…”

https://www.cnbc.com/2024/09/26/major-global-chip-stocks-rally-on-strong-micron-forecast.html

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