Inflation Relief Rally: Tech Stocks Surge, AI Looms Large
Update: 2025-10-24
Description
Inflation Relief Rally! Stocks soared on unexpectedly good inflation news, fueling hopes for a Federal Reserve pivot. Tech stocks, especially Cadence Design Systems and 8x8 Inc., jumped on the news. But remember, volatility is the name of the game – Cadence alone has seen 15 major swings this year. Despite the ups and downs, Cadence is up 16% this year, turning a $1,000 investment five years ago into over $3,000 today. The future? Keep an eye on lesser-known chipmakers poised to capitalize on the generative AI boom.
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