. ASML Holding N.V. (ASML) and Taiwan Semiconductor Manufacturing Company (NYSE:TSM) led the charge with an 9.52% and 6.9% surge, respectively. Both companies received positive news today, as ASML plans to send its latest chip-making system to TSM and Samsung (OTCPK:SSNLF).
ASML Holding (ASML)
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Taiwan Semiconductor ADR (TSM)
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. Broadcom (NASDAQ:AVGO) gained 6.2%, while Applied Materials (NASDAQ:AMAT) and Lam Research Corporation (NASDAQ:LRCX) both increased 5.3%.
Lam Research (LRCX)
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. Qualcomm (NASDAQ:QCOM), Nvidia (NASDAQ:NVDA) and Micron Technology (NASDAQ:MU) all added about 3%, while Intel (NASDAQ:INTC) gained 2.5%.
Micron Technology (MU)
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. Texas Instruments (NASDAQ:TXN) and Analog Devices (NASDAQ:ADI) inched up 1%.
Analog Devies (ADI)
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. A forecast by the World Semiconductor Trade Statistics shows global chip demand surging in 2024 and 2025.