US Stock Market Move | Semiconductor concept stocks collectively rose, with Astera Labs (ALAB.US) rising over 6%.
Semiconductor concept stocks collectively rise
On Friday, semiconductor concept stocks in the US collectively rose, as of press time, Astera Labs (ALAB.US) rose more than 6%, United Microelectronics Corp. Sponsored ADR (UMC.US) rose more than 5.8%, Advanced Micro Devices, Inc. (AMD.US), Marvell Technology, Inc. (MRVL.US) rose 1.9%, Broadcom Inc. (AVGO.US) rose 0.9%, and NVIDIA Corporation (NVDA.US) rose 0.48%.
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US Stock Market Move | United Microelectronics Corp. Sponsored ADR (UMC.US) rose more than 5%, planning to invest 700 million New Taiwan dollars to increase capital for Xinxing Electronics.
US Stock Market Move | Hot Chinese concept stocks generally took a hit, with Alibaba Group Holding Limited Sponsored ADR (BABA.US) falling by more than 3%.
US Stock Market Move | HUTCHMED (HCM.US) rises more than 5% as results of SACHI III trial published in The Lancet.
