Semiconductor companies end the year with the highest gains since 2009: Semiconductor companies concluded the year 2023 by recording the highest gains since 2009 after the shares of chip-producing companies that benefit most from artificial intelligence.

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The Philadelphia Stock Exchange Index

Nvidia and Advanced Micro Devices

The Philadelphia Stock Exchange Index

The Philadelphia Stock Exchange index of semiconductor companies’ shares rose by 65%,
recording the largest annual gains since 2009 when the value of shares reached 70% after or reached their lowest value due to the financial crisis.

Nvidia and Advanced Micro Devices

The shares of the 30 companies registered in the Philadelphia Stock Exchange index rose in the year 2023.
Nvidia was the company that rose the most due to the increase in sales due to the increased demand for chips
that are used to activate computer programs in artificial intelligence the stock price tripled,
which made the company’s market value exceed $1 trillion to be the first chip company.
Advanced Micro Devices came in second place, with the value of its shares increasing by more than 130% this year.

Semiconductor companies end the year with the highest gains since 2009

Semiconductor companies end the year with the highest gains since 2009

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