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A blockbuster quarter, in Wall Street terms a set of earnings results that significantly beat analyst forecasts, drove Intel shares higher on Friday.
Separately, UBS upgraded Amkor Technology, a chip packaging company, following a partnership with Nvidia.
The two developments landed in the same trading session, giving the semiconductor sector two distinct catalysts on the same day.
Intel's earnings surprise An earnings report is a company's official financial disclosure for a three-month period. The market grades it against what analysts had forecast before the release.
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