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.
8 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.
Orion180 raised $240 million after pricing its Nasdaq IPO at $12 a share, a cautious debut that offers a useful read on investor appetite for new listings.
CoreWeave shares surged after an earnings beat and upgraded forecast signalled strong AI-cloud demand, but costs and execution remain key risks.
Super Micro shares climbed after its latest forecast topped expectations, strengthening hopes that AI-server demand can produce better profitability.
Nvidia logged its strongest week in over a year and a record market-value gain, underlining AI enthusiasm and mega-cap concentration risk.
US stocks surged as tech led a broad rally, oil prices plunged on Hormuz hopes, Treasury yields fell and gold reached 4,155.10.
US stocks surged as Amazon and mega-cap technology led the Nasdaq up 3.15%, while falling Treasury yields supported a broad risk rally.
The Nasdaq soared 3.81% on August 3, 2026, led by Amazon (+19.82%) and Microsoft (+18.99%) on blockbuster earnings, while healthcare and staples lagged.
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