Chip stocks rallied on Tuesday. Philadelphia Semiconductor Index up 3%; Wolfspeed up 14%; UMC up 13%; Micron, SOXL, Navitas up around 11%; Marvell up 10%; Credo up over 6%; AMD, Broadcom up 3%.
Space stocks gained in premarket trading. Redwire up nearly 12%; Intuitive Machines up over 7%; VCX, AST SpaceMobil up around 6%.
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