The semiconductor sector, proxied by the SOXX ETF, surged today due to sustained optimism around artificial intelligence-related spending and a significant, stock-specific catalyst from Intel. Reports that Intel may increase prices on its PC processors by 10% sent its stock higher and provided a lift to the broader chip industry. [2, 6, 8] This was compounded by ongoing positive sentiment regarding AI infrastructure demand, supported by strong results from Oracle in its AI cloud business and bullish long-term forecasts from Nvidia's CEO. [1, 5]