Wall Street ended sharply higher on Thursday, with chip stocks jumping and Microsoft logging its biggest daily gain in 18 years
ASX jumps after Wall Street rally; HSBC sells $36b home loan portfolio
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Summary
NEW YORK: Wall Street ended sharply higher on Thursday, with chip stocks jumping and Microsoft logging its biggest daily percentage gain in 18 years after the technology giant gave a stellar forecast that eased fears about massive spending on AI infrastructure. Chip giant Advanced Micro Devices rallied 13.5 per cent. Lam Research, a supplier to the semiconductor industry, soared 17.6 per cent after reporting stronger profit and revenue for the latest quarter than analysts expected.
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NEW YORK: Wall Street ended sharply higher on Thursday, with chip stocks jumping and Microsoft logging its biggest daily percentage gain in 18 years after the technology giant gave a stellar forecast that eased fears about massive spending on AI infrastructure
according to New Straits TimesChip giant Advanced Micro Devices rallied 13.5 per cent.
according to The Sydney Morning Herald - Top Stories +1Lam Research, a supplier to the semiconductor industry, soared 17.6 per cent after reporting stronger profit and revenue for the latest quarter than analysts expected.
according to The Sydney Morning Herald - Top Stories +1
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