US Stocks Move: Philadelphia Semiconductor Index rises over 3%, Arm surges over 10%

格隆汇2026/05/20 13:49

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Glonghui, May 20th｜Nvidia's Q1 earnings report is set to be released after the market close. Optimism in the market is driving the overall semiconductor sector higher, with the Philadelphia Semiconductor Index up over 3%. As for individual stocks, Arm rose more than 10%, Marvell Technology gained over 8%, Intel rose more than 6%, AMD gained nearly 5%, Micron Technology, ASML, and Lam Research rose over 3%, while TSMC, Microchip Technology, and Qualcomm were up more than 1%.

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The rise in U.S. Treasury yields and delays in Oracle data centers are dampening AI investment sentiment. Samsung and SK Hynix shares both fell by over 5% in a single day, with their respective stock buyback programs already 85.95% and 66.27% complete, leaving limited upside potential. Currently, the funds waiting to enter the market in Korean brokerage accounts amount to only 101.63 trillion won. The market is focusing on the U.S. PCE data on September 30 and Micron's financial results.

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