Qualcomm pushes semis to new high

|About: First Trust Nasdaq Semicond... (FTXL)|By:, SA News Editor

The Philadelphia Semiconductor Index jumps 2.6% to a new record high after Apple and Qualcomm settle all litigation around the world.

Top components on the move (other than QCOM) include Teradyne (TER +2.8%), Qorvo (QRVO +2.5%), and MKS Instruments (MKSI +3.1%).

Related semiconductor ETFs: SOXL, SOXX, SMH, USD, PSI, XSD, SOXS, SSG, FTXL, XTH

Previously: Qualcomm, Apple drop all litigation; QCOM +14.7% (April 16)

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