Chip Stocks Surge Ahead of Intel Earnings Report
ByAinvest
Thursday, Jan 22, 2026 7:03 am ET1min read
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Intel shares jumped 11% on Wednesday, leading a broad rally in chip stocks ahead of the company's Q4 earnings report. Other chipmakers like Micron Technology, Advanced Micro Devices, and Nvidia also rose, with the Philadelphia Semiconductor Index up nearly 4%. Analysts at JPMorgan Chase said many chipmakers still have significant upside tied to the AI accelerator market. The rally was also fueled by Donald Trump's decision to ease tariff plans and alleviate geopolitical worries.
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