
Why AI Chip Stocks INTC, AMD, NVDA Are Rising Today, 05/13/26

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AI chip stocks, including Intel (INTC), Nvidia (NVDA), and Advanced Micro Devices (AMD), saw significant gains in premarket trading due to rising optimism about AI demand and improved global trade sentiment. The sector was further buoyed by expectations surrounding President Trump's visit, which could enhance semiconductor sales in China. Notably, QCOM rose by 4%, while INTC, NVDA, and AMD each increased by over 2%. Additionally, memory-chip stocks Micron (MU) and SanDisk (SNDK) also experienced gains of around 6% and 5%, respectively.
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