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TSMC's upside view drives semis higher

Jul. 18, 2019 1:21 PM ETSMH, XLK, PSI, LRCX, ASML, KLAC, MKSI, XSD, SSG, USD, SOXL, SOXS, SOXX, XTH, FTXLBy: Brandy Betz, SA News Editor1 Comment
  • Chip equipment stocks lead the Philadelphia Semiconductor Index to gain 1% compared to the 0.3% for the tech sector (NYSEARCA:XLK) after TSMC's Q2 beats and upside Q3 revenue view.
  • Movers include KLA (KLAC +4.9%), Lam Research (LRCX +3.4%), MKS Instruments (MKSI +2.9%), and ASML (ASML +3.2%).
  • Related semi ETFs: SOXL, SOXX, SMH, USD, PSI, XSD, SOXS, SSG, FTXL, XTH

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