Semiconductor stocks erupted on Thursday, with the Philadelphia Semiconductor Index surging +3.06% — its best session in three weeks. The rally lifted the S&P 500 (+0.81%) back to its highest level since mid-June, snapping a two-day losing streak.
Micron (MU) jumped +4.52% after announcing it's raising planned spending on new U.S. plants to $250 billion by 2035 — a $50 billion increase over prior commitments. The memory giant's Q3...
