Woofun AI data shows that US semiconductor equities experienced broad-based strength on July 6, with AMD advancing 8.13% and Broadcom gaining 5.48%. Arm, Qualcomm, TSMC, Intel, and Marvell Technology also recorded positive returns ranging from 3.70% to 5.39%.

Optical communication stocks led the sector performance, as Credo jumped 11.14% and Astera Labs climbed 10.08%. In the storage segment, Western Digital rose 9.11% and Seagate Technology increased 5.90%, while SanDisk rose 2.41% and Micron Technology gained 1.72%.