Why Many Semiconductor Stocks Jumped in January
Many leading semiconductor companies saw their stock prices soar in January 2023, according to data from S&P Global Market Intelligence. For example, Qualcomm (NASDAQ: QCOM) shares gained 19.7%, while Micron Technology (NASDAQ: MU) stock rose by 23.5%. Taiwan Semiconductor (NYSE: TSM) jumped even higher, closing the month's trading 25% higher.