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The largest chipmaker based on market capitalization, Nvidia (NASDAQ:NVDA), experienced a 0.9% increment in its shares during premarket trading today. Advanced Micro Devices (NASDAQ:NASDAQ:AMD), another major player in the semiconductor industry, also saw a 0.5% rise in its stock value today.
In addition to Nvidia and AMD, Micron (NASDAQ:NASDAQ:MU), another semiconductor company, also participated in this positive trend. The company saw its shares rise by 0.9% today. The overall optimism for the semiconductor sector, fueled by the burgeoning interest and advancements in artificial intelligence, has been beneficial for these companies.
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