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The Nexus
BUSINESSMay 28 · 04:00 UTCFINANCIAL TIMES WORLD

Chip stocks race towards biggest gains since dotcom era on AI demand

Chip stocks are experiencing significant gains, with the Philadelphia Semiconductor Index rising 75% in 2026 due to increased data center spending by Big Tech companies driven by AI demand.

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Philadelphia Semiconductor IndexorganizationBig TechorganizationAI demandtopicdata centre spendingtopicchip stockstopic
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