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Market Impact: 0.22

Nasdaq climbs as chip stocks rally, Intel jumps on strong AI demand

Source: invezz.com

Market Technicals & FlowsTechnology & InnovationInvestor Sentiment & Positioning
Nasdaq climbs as chip stocks rally, Intel jumps on strong AI demand

The Nasdaq Composite rose 0.52% to 26,935.52 in early Wednesday trading, outperforming the S&P 500 (+0.32% to 7,695.86) and Dow (+0.09% to 51,398.39). Semiconductor stocks led the advance, with Intel and AMD extending a rally that has chip names on track for their strongest month since June.

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mildly positive

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0.32

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AMD0.35
INTC0.38

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