Chipmakers add $200 billion in global rally
The Economic Timesยท2025-10-03 00:26The sector is being swept up by a wave of good news from AI companies, including ChatGPT-owner The bullishness has pushed the combined market capitalisation of the Philadelphia Stock Exchange Semiconductor Index and a gauge tracking Asia chip stocks up by just over $200 billion in the latest session, according to Bloomberg.Korean chip stocks were among the biggest gainers on Thursday, surging on the OpenAI deal and sending the Kospi Index to a record high. Shares of SK Hynix jumped 10%, while Samsung Elect ...