Semiconductor stocks including Power Integrations, Himax, Penguin Solutions, KLA Corporation, and AMD surged after global semiconductor sales projected to surpass $1 trillion this year on AI infrastructure demand.

Global semiconductor sales are projected to surpass $1 trillion this year, driven by widespread AI infrastructure and data-center needs. ChipMOS reported a 32.2% year-over-year revenue increase for April, citing 'persistent AI-related demand/supply imbalance.'

Stock moves included: Power Integrations jumped 1%, Himax jumped 10.6%, Penguin Solutions jumped 11.7%, KLA Corporation jumped 6.5%, and AMD jumped 9.9%.

AMD reported a 38% year-on-year revenue increase, with its data center business surging 57% to $5.8 billion, signaling sustained demand for AI infrastructure and sparking a broad rally across the semiconductor sector.