Marvell, AMD Rally, Lead Chip Stocks To Record High

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01:06 PM ET 06/03/2026

Chip stocks continued their historic ascent on Wednesday, buoyed by news from the Computex trade show in Taiwan. The Philadelphia semiconductor index, known as SOX, hit a record high as AMD (AMD), Marvell Technology (MRVL) and others rose. The SOX, which includes the 30 largest semiconductor stocks traded in the U.S., rose nearly 1% in afternoon trades on the stock…