Chip stocks rose broadly on Monday following an agreement to end the U.S.-Iran war. Big gainers included AMD and Micron.

Asian tech stocks surged Monday on news that Iran and the U.S. have reached a peace deal

Chip stocks rose broadly on Monday following an agreement to end the U.S.-Iran war. Big gainers included AMD and Micron.

The Philadelphia Semiconductor Index crossed 14,000 for the first time as US-Iran diplomacy and falling oil prices fueled a $1.15 trillion single-session

SoftBank jumped 10%, SK Hynix 6.4%, and Samsung 4.5% as Asian markets rallied on the Iran-US peace agreement, with the Nikkei topping 69,000.