Chip manufacturers' stock price continues to record the longest streak of gains in history, boosted by strong performance from Texas Instruments.
Boosted by strong financial reports from Texas Instruments, semiconductor company stocks rose on Thursday, continuing their record-breaking streak of consecutive increases. The Philadelphia Semiconductor Index rose by 2%, on track to achieve its 17th consecutive day of gains, further solidifying its record for the longest streak of increases in history. During this current surge, the index has risen by over 40%. Texas Instruments saw its stock price soar by 17% after announcing their financial results and strong forecasts.
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