U.S. Stock Market Update | Chip stocks rise, AMD up more than 5%
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
According to CNBC, on Thursday, chip stocks rose, with AMD (AMD.US) up over 5%, NVIDIA (NVDA.US) up over 4.8%, TSMC (TSM.US) up over 4%, and Super Micro Computer (SMCI.US) up over 1.8%. Wade Bush stated in a report that the Federal Reserve's decision to cut interest rates by 50 basis points has created a "very favorable backdrop" for risk appetite trading in large tech companies and artificial intelligence in 2025