Chip stocks rallied on Thursday, helped by positive earnings reports from Macom Technology Solutions and SiTime.
Macom, SiTime Jump As Chip Stocks Stage Comeback
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12:34 PM ET 08/06/2026
Chip stocks rallied on Thursday, helped by positive earnings reports from Macom Technology Solutions (MTSI) and SiTime (SITM). The Philadelphia semiconductor index, known as SOX, fell as much as 2.5% in opening trades, before reversing higher. In recent trades on the stock market today, the SOX was up 1.2%. The SOX includes the 30 largest chip stocks traded in the…
Chip stocks plunged on Tuesday, one day after the Philadelphia semiconductor index, known as SOX, hit a record high.
Shares of technology companies rose as chip stocks recouped a chunk of their Friday losses.
The Philadelphia semiconductor index, known as SOX, hit a record high as AMD, Marvell and other chip stocks rose.
Chip stocks continued to whipsaw in volatile trading on Tuesday. But several semiconductor stocks were holding above a key…
Microchip Technology stock jumped after the chipmaker delivered a beat-and-raise earnings report. MCHP stock drove the SOX index…
SiTime stock is in a base. The specialty semiconductor designer has produced eight straight quarters of triple-digit profit…
