The semiconductors sub-industry alone is expected to record first-quarter earnings growth of 109.2% [File] | Photo Credit: REUTERS U.S. chip stocks soared to record highs on Friday as Intel’s unexpectedly strong revenue forecast reinforced confidence that the AI boom powering this year’s rally in the semiconductor sector is showing no signs of slowing down. The foremost stock index for chip makers, the Philadelphia SE Semiconductor Index, rose 3.2% to an all-time high and was on track to extend its record-breaking streak of single-day gains to 18. The index has gained more than 47% this year. Published – April 27, 2026 09:49 am IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Won’t appear in person or through lawyer: Kejriwal writes to Delhi HC Justice Swarana Kanta Sharma U.S. State Dept orders global warning about alleged AI thefts by DeepSeek, other Chinese firms