Chip and AI-infrastructure rebound lifts Nasdaq 100 1.58%, SOXX jumps over 4%
US equities rose, led by a sharp rebound in semiconductors and AI-infrastructure names (SOXX +4%+, multiple chip stocks +5% to +11%), lifting the Nasdaq 100. Markets are positioning ahead of key megacap earnings (Alphabet, Tesla), reinforcing the view that AI spending is driving S&P 500 earnings growth. Offsetting forces include weaker software on downgrades and higher oil amid escalating US-Iran conflict, pressuring yields higher.
Affected assets
NCSINASDAQ1002USD/USDT+0.20%
AI Insight · NCSINASDAQ1002USD/USDTAI Insight
▲ Bullish
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U.S. stocks rose, led by the Nasdaq 100 up 1.58%, as chipmakers and AI-infrastructure shares rebounded sharply, with SOXX up more than 4% and several semiconductor names gaining over 5% on the session. Alphabet and Tesla are set to report earnings on Wednesday, prompting positioning in AI-related assets. Software shares lagged after Morgan Stanley downgraded several companies. WTI crude climbed more than 2% to a five-week high as Middle East tensions intensified, with the U.S. and Iran exchanging strikes for a 10th straight day and Houthi threats to Red Sea shipping.