US Stock Market Move | Philadelphia Semiconductor Index achieved a record 18 consecutive gains. Intel Corporation (INTC.US) broke the highest record of the Internet bubble era.

21:59 24/04/2026

On Friday, the Philadelphia Semiconductor Index achieved a record-breaking 18 consecutive gains, and is currently up over 3%.

On Friday, the Philadelphia Semiconductor Index hit a record high of 18 consecutive gains, with a surge of over 3%. Among the component stocks, Intel Corporation (INTC.US) skyrocketed over 25% after its earnings report, while AMD.US surged over 12%, ARM Holdings (ARM.US) and Qualcomm (QCOM.US) rose over 10%, Lam Research Corporation (LRCX.US) rose over 4%, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) and ASML Holding NV ADR (ASML.US) both rose over 3%. In terms of news, the stock price of Intel Corporation initially surged by 27%, breaking through the historical high point set about 26 years ago and reaching an all-time high level. This surpasses the highest record set during the internet bubble era, with a total market value exceeding $420 billion, thereby driving the collective strength of the semiconductor sector.

VPOWER GROUP (01608) released its annual performance, with a net loss attributable to shareholders of HK$201 million, a decrease of 13.57% year-on-year.

Maanshan Iron reported a net profit attributable to shareholders of 42.3665 million yuan in the first quarter.

MINGFA GROUP (00846) announces its annual performance, with a net loss of 1.227 billion yuan attributable to shareholders, a decrease of 31.48% year-on-year.

VPOWER GROUP (01608) released its annual performance, with a net loss attributable to shareholders of HK$201 million, a decrease of 13.57% year-on-year.

Maanshan Iron reported a net profit attributable to shareholders of 42.3665 million yuan in the first quarter.

MINGFA GROUP (00846) announces its annual performance, with a net loss of 1.227 billion yuan attributable to shareholders, a decrease of 31.48% year-on-year.