Nasdaq and the Philadelphia Semiconductor Index rebounded after the Fed-led selloff, with chip stocks hitting record highs as investors continue to bet on AI-driven spending. The move suggests renewed risk-on positioning in tech, supported by expectations that artificial intelligence investment will keep powering semiconductor demand.
Nasdaq and the Philadelphia Semiconductor Index rebounded after the Fed-led selloff, with chip stocks hitting record highs as investors continue to bet on AI-driven spending. The move suggests renewed risk-on positioning in tech, supported by expectations that artificial intelligence investment will keep powering semiconductor demand.
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moderately positive
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0.35
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