Artificial intelligence drives chip stocks to hit their best gains since 2017

The chipmaker's stock price continued to rise, expected to set the longest consecutive gain since 2017, with the Philadelphia Semiconductor Index rising 0.2% early on Tuesday. If the ninth consecutive rise can be achieved, it means that the stock has risen by 8.7% in the same period and has risen by 22% since the beginning of the year, outperforming the Nasdaq 100's nearly 16%.