Nasdaq Composite Jumps 0.9% as Semiconductors Stage a Comeback

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Summary · why it matters

The Nasdaq Composite rose 0.9% as semiconductor stocks staged a broad rally, led by Micron Technology's 7.5% jump after announcing a $3 billion investment in the U.S. semiconductor supply chain. Advanced Micro Devices surged 7.2%, Broadcom gained 3.3%, and the iShares Semiconductor ETF rose 5.2%. Oil prices dropped sharply after President Trump suggested Iran had called to negotiate a new deal, with the United States Oil Fund falling 2.7%. The Dow Jones Industrial Average lagged, adding only 0.3%, held back by Honeywell International's continued slide of 9.2% following its aerospace spinoff.

Impact on assets 6

Artificial Intelligence▲ · 3 stocks
Smart City / Autonomous Infrastructure▼ · 1 stocks
Semiconductors▲ · 1 stocks
Micron Technology Inc
MU
▲ PositiveCapitalrelevance

Micron Technology jumped 7.5% after announcing a $3 billion investment in the U.S. semiconductor supply chain.

Others▲ · 1 stocks
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