Nvidia's $1.5B Amkor Deal Fuels AI Rally as Futures Rebound
U.S. futures rebound as Intel's strong outlook and Nvidia's $1.5B Amkor packaging deal boost AI optimism, offsetting Middle East tensions and prior day's oil-driven selloff.
Market context
Follow the story. See which markets it affects. Explore the context.
U.S. futures rebound as Intel's strong outlook and Nvidia's $1.5B Amkor packaging deal boost AI optimism, offsetting Middle East tensions and prior day's oil-driven selloff.
Futures rebound after worst selloff in a month; Tesla plunged 15% on weak earnings, Alphabet fell 7% on capex concerns. Oil retreats from highs amid Iran tensions, easing inflation fears.