US chipmakers hit record highs as intel surges past its best performance since 1987
TIMESOFINDIA.COM / Apr 25, 2026, 18:05 (IST)
US chip stocks hit all-time highs, led by intel's 24% surge, its best day since 1987, fueled by AI demand. The Philadelphia SE Semiconductor Index also reached a record, marking an 18-day winning streak. intel's turnaround, attributed to CEO Lip-Bu Tan, saw revenue rise 7.2%, with data center growth up 22%.