Major US chip stocks rallied on September 17, led by Intel's 10% rise to $111. AMD also gained 7% to $547. The recovery follows heavy losses due to AI development concerns, but easing Treasury yields and sustained growth in AI infrastructure have boosted investor sentiment.
Major US chip stocks rallied on September 17, led by Intel's 10% rise to $111. AMD also gained 7% to $547. The recovery follows heavy losses due to AI development concerns, but easing Treasury yields and sustained growth in AI infrastructure have boosted investor sentiment.
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