Lates News

US stocks opened with the Dow rising 0.1%, the S&P 500 up 0.38%, and the Nasdaq up over 0.6%. Intel surged 24% to a new high as first-quarter earnings and second-quarter guidance exceeded expectations. AMD rose 7.7%, Arm rose 7.5%, and the Philadelphia Semiconductor Index increased by 3.7%. Amazon rose 1.4% as Meta reached an agreement to use Amazon's Graviton CPU chip for AI development.