Analog Chip Stocks Buoy Philadelphia Semiconductor Index

What happened: Analog chip stocks rose Monday and helped offset losses among PC and memory chip stocks on the SOX index. Why it matters: The gains in analog names limited the broader decline in the Philadelphia Semiconductor Index, which otherwise faced weakness in PC and memory segments. Market: +0.7% today ($419.83), +54.3% YTD, 0.5x vol — as of 19:02 UTC

Analog chip stocks rose Monday and helped offset losses among PC and memory chip stocks on the SOX index.

The gains in analog names limited the broader decline in the Philadelphia Semiconductor Index, which otherwise faced weakness in PC and memory segments. Market: +0.7% today ($419.83), +54.3% YTD, 0.5x vol — as of 19:02 UTC