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Chip Stocks Surge on Jensen Huang's Multi-Trillion AI Outlook and Macro Relief

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

News Summary

  • Semiconductor stocks rallied as falling Treasury yields, declining oil prices, and Nvidia CEO Jensen Huang's reaffirmed $3T–$4T AI infrastructure projection buoyed sentiment.
  • The positive macro backdrop and solid enterprise cloud performance lifted chipmakers across the sector, including Nvidia, AMD, and Broadcom.
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