U.S. Stock Market Update | Chip stocks rise, AMD up more than 5%
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US chip stocks generally rose, with AMD up more than 5%, NVIDIA up more than 4.8%, TSMC up more than 4%, and Super Micro Computer up more than 1.8%. The Wade Bush report pointed out that the Fed's 50 basis point rate cut provided a positive backdrop for risk appetite trading in large tech companies and artificial intelligence in 2025
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