🟢 Alpha and Omega Semiconductor is trading 5.7% up today as chip stocks rally on strong tech earnings

Alpha and Omega Semiconductor is trading 5.7% up at $32.89 as part of a broader rally in chip stocks.

• The move tracks a strong rebound in the semiconductor sector following upbeat earnings from major technology names like Microsoft and Lam Research.
• The positive results eased investor concerns over AI-related spending, lifting the SOXX ETF and related semiconductor shares.