US Stock Movement | Semiconductor Stocks Rally, Intel (INTC.US) Rises Over 4%

robot
Abstract generation in progress

Smartfin Financial APP reports that on Monday, semiconductor stocks generally rose, with Intel (INTC.US) up over 4%, Marvell Technology (MRVL.US) nearly 4%, AMD (AMD.US) up over 2%, and NVIDIA (NVDA.US) close to 2%.

According to reports, following storage chips and packaging, the semiconductor supply chain may experience a new wave of price increases. UMC, Advanced Semiconductor Engineering, and Powertech Technology are expected to raise prices starting as early as April, with increases of up to 10% or more.

Intel’s Global Channel Director Dave Guzzi recently stated that the current CPU supply shortage is affecting all partners, including cloud service providers, OEM manufacturers, and system integrators. Although the price hikes are not as extreme as in the memory market, price increases are now unavoidable. Guzzi mentioned that partners generally receive fewer goods than expected, whether they are cloud service providers, OEMs, or system integrators, and cannot obtain the anticipated supply levels.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments