Semiconductor stocks rose in premarket trading

Semiconductor stocks rose in premarket trading.TSMC,Nvidia,AMD,ASML,Micron Technology,STMicroelectronics and NXP Semiconductors climbed between 1% and 3.4%.

Taiwan Semiconductor Manufacturing Co.’s quarterly profit beat expectations as demand for the chips stayed robust in the face of worsening snarls in the supply chain.

ASML, a Dutch firm that makes high-tech machines used in semiconductor manufacturing, will see its market value climb from $302 billion to more than $500 billion next year, according to two tech investors.

STMicroelectronics, Scuola Superiore Sant'Anna Sign A Framework Agreement To Create An Innovation Ecosystem.