- The Philadelphia Semiconductor Index extended its record-breaking rally to 18 consecutive sessions, marking its longest winning streak in its 32-year history.
- Intel fueled the surge with a blockbuster quarterly report and strong revenue guidance, causing its stock to jump over 20% and pull the broader sector higher.
- Nvidia reached a historic $5 trillion market capitalization during the session as demand for artificial intelligence infrastructure shows no signs of slowing.
- Market analysts noted that the iShares Semiconductor ETF (SOXX) has gained approximately 42% since the start of this rally on March 30, 2026.
- Taiwan Semiconductor also hit a new all-time high following regulatory changes in Taiwan that relaxed fund holding limits for individual stocks.
Nasdaq and semiconductor index reach record highs amid historic eighteen day winning streak
Apr 24, 2026, 8:18:55 PM UTC(16 hours ago)
Impact: Medium
Affected Assets
Sources
From:@YahooFinance
The tech-heavy $IXIC climbed 1.6% to a fresh record as the semiconductor index extended gains for the 18th day in a row. https://t.co/nt0QdJWH55 https://t.co/8JQEXGhX3R