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How did the Philadelphia Stock Exchange semiconductor index perform in 2023?

The Philadelphia Stock Exchange Semiconductor Index rose 65% this year, with 2023 representing the biggest one-year gain for the index since 2009, when it rose 70% in the aftermath of the financial-crisis market bottom. The index fell 0.8% on Friday, but recently traded near record levels.

What was the only Semiconductor stock to decline in 2023?

The maker of chips that control power in electric vehicles and other devices was the only stock in the Philadelphia Stock Exchange semiconductor index to decline in 2023.

Is Nvidia the first chipmaker with a market capitalization above $1 trillion?

Shares more than tripled, resulting in Nvidia earning the title of the first chipmaker with a market capitalization above $1 trillion. In second place among index components was Advanced Micro Devices Inc, another major player within AI.

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