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Jon Erlichman: Philadelphia Semiconductor Index rises 19 consecutive days with 48 percent gain

Jon Erlichman: Philadelphia Semiconductor Index rises 19 consecutive days with 48 percent gain
Semiconductor index extends record rally

Jon Erlichman, Anchor / Financial Journalist at Bloomberg TV, reports that the Philadelphia Semiconductor Index has risen for 19 straight days, delivering a 48 percent increase over that period.

According to daily performance figures shared by Erlichman, gains ranged from 0.2 percent to 4.3 percent individually on reported days in April. This sustained upward momentum underscores strong ongoing investor interest in semiconductor stocks.

Erlichman has previously highlighted Nvidia’s projected annual revenue growth from $11 billion in 2020 to $913 billion by 2033, according to recent estimates reported earlier. In a separate update, he cited Bloomberg survey data showing Wall Street analysts expect Microsoft and Nvidia to lead average 1-year percentage gains among major tech firms over the past year. These data points add context to continued attention on technology and semiconductor stocks.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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