Chip Stocks Rebound After Fed Rate Hike Shock
Chip stocks rallied as worries about AI spending and higher rates eased, helping Wall Street recover from the Fed’s first rate hike since 2023.
3 articles
Chip stocks rallied as worries about AI spending and higher rates eased, helping Wall Street recover from the Fed’s first rate hike since 2023.
Broadcom beat quarterly expectations, but its shares still fell—a reminder that strong results may not satisfy investors when expectations run higher.
Nvidia’s upcoming results and the retreat in Treasury yields are shaping the next test for AI stocks and the wider US equity market.
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