Which stocks led the rally?

Nvidia (NVDA), Micron (MU), and Intel (INTC) led, followed by AMD (AMD) and Marvell (MRVL).

Nvidia, Micron, Intel Lead Chip Stock Rally After US-Iran Deal

Q: How did the agreement affect the chip sector?

The deal reduced risks of supply chain disruptions and higher energy prices, boosting investor confidence.

Chip stocks rallied sharply today led by Nvidia, Micron, and Intel following the announcement of a historic US-Iran agreement, which eased geopolitical tensions and lifted investor confidence in the sector.

June 15, 2026

2 min read

Source: GuruFocus.com

Shares of major US chipmakers rallied on Monday after news of a breakthrough agreement between the United States and Iran, according to reports. Nvidia (NVDA), Micron (MU), and Intel (INTC) led the charge, while AMD (AMD) and Marvell (MRVL) also posted gains.

Reasons for the Rally

The surge came after reports that Washington and Tehran reached a deal to de-escalate tensions in the Middle East. The agreement is seen as reducing risks of supply chain disruptions and higher energy prices, both key concerns for the semiconductor industry.

Sector Performance

Chip stocks had been under pressure in recent weeks due to fears of military escalation and its impact on global trade. With the deal, optimism returned, pushing the Philadelphia Semiconductor Index (SOX) up over 3%.

Similar Moves in the Sector

Gains were not limited to the mentioned stocks; other names like Broadcom (AVGO) and Qualcomm (QCOM) also rose between 2% and 4%. Investors appear to be betting on geopolitical stability supporting sector growth in the second half of the year.

Frequently Asked Questions

Chip stocks rallied after a US-Iran agreement was announced, easing geopolitical tensions.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.