New Delhi, Sept. 17 -- Major US chip stocks have remained higher on Wall Street on Thursday, 17 September, extending their recovery from a sharp sell-off earlier in the week.

The extended rally was led by Intel, whose shares surged 10% to hit a day's high of $111 apiece, their highest level in more than two months. The gains were extended across the AI chip segment, with Marvell Technology rising for a third consecutive session and gaining another 8% to $248.

Advanced Micro Devices (AMD) also extended its winning streak to a fourth day, rallying 7% to $547 and moving closer to its record high of $584. Other chip stocks, including Micron Technology and Sandisk, also advanced, gaining 6.5% and 7%, respectively. Nvidia also joined the rall...