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AI and Memory Stocks Surge Defying Broader Market Pullback

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Memory and AI-related hardware stocks surged, defying broader S&P 500 declines driven by stronger-than-expected jobs data and interest rate concerns.
  • The semiconductor sector index climbed over 3%, supported by persistent AI demand optimism and solid quarterly earnings momentum across chip and storage providers.
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29127.16 +16.42% over the displayed period

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