The Philadelphia Semiconductor Index (SOX) is up nearly 5% today as semiconductor stocks are pushing the NASDAQ Composite up more than 1%, almost twice as much as the DJIA and S&P 500.
A good earnings report from one company and heightened expectations for deliveries of chips for mobile devices and for programmable chips used in a variety of manufactured goods, including cars.
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) reported better-than-expected revenues this morning and led the charge with a gain of 2.75% at$13.83. The shares moved to with a dime of a new 52-week high earlier this morning.
Altera Corp. (NASDAQ: ALTR) is up nearly 9.5% at $40.57. Texas Instruments Inc. (NYSE: TXN) is up nearly 7.5% at $33.31. Avago Technologies Ltd. is up 7.7% at $34.09. Intel Corp. (NASDAQ: INTC) is up more than 1.5% at $25.43, within $0.50 of a new 52-week high.
Credit card companies are handing out rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
