Intel led gains in the semiconductor sector on Monday, rising 3.3% amid speculation of a $5B investment from Apollo Global Management. Meanwhile, Qualcomm fell 1.7% as acquisition rumors involving Intel continued. Micron Technology (NASDAQ) climbed nearly 3% ahead of its upcoming earnings report, while Nvidia (NASDAQ) posted modest gains. Other notable gainers included Arm Holdings and Lam Research, while Analog Devices slid slightly. The Philadelphia Semiconductor Index ended the day up 0.5%.
