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Semiconductors show strength on Micron guidance, eased trade tension

Published 05/21/2018, 03:17 PM
Updated 05/21/2018, 03:17 PM
© Reuters.  Semiconductors show strength on Micron guidance, eased trade tension
  • Semiconductors head towards the close strong on the eased China-US relations and Micron’s (MU +3.9%) increased guidance.
  • The Philadelphia Semiconductor Index is up 0.8%.
  • Other movers: Intel (INTC +1.2%), KLA-Tencor (KLAC +1.4%), Lam Research (LRCX +2%), and Qorvo (QRVO +1.8%).
  • Semiconductor ETFs: SOXL, SOXX, SMH, USD, PSI, XSD, SOXS, SSG, FTXL, XTH
  • Previously: NXP Semiconductors, Micron among movers on trade war hold (May 21)
  • Previously: Micron raises Q3 guidance ahead of analyst day; shares +4.1% (May 21)
  • Now read: Intel Delivers


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