Semiconductors, AI Stocks Soar in New Year Rally
Update: 2026-01-03
Description
Stocks surged in the afternoon, driven by a broad rally in semiconductors and AI excitement, with the Nasdaq Composite leading the charge. Key players like Power Integrations, Teradyne, Entegris, IPG Photonics, and Magnachip saw significant gains. Teradynes shares, known for volatility, jumped seven point five percent, reflecting market confidence. AI leaders Nvidia and Broadcom also saw substantial increases, lifting the Nasdaq and S&P 500. A surprise drop in consumer prices fueled hopes for more rate cuts, creating a favorable environment for growth stocks. Checkout Solipillow.com
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