Stocks are setting new highs
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Micron Technology, a key player in the memory and storage chip space, is enjoying a standout 2025, up 61% this year, compared with a 16% gain in the VanEck Semiconductor ETF. It is now trading at all-time highs. I wrote about this one month ago.
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Stock Market Today: Russell 2000 Soars To New High; These Chip Stocks Break Out (Live Coverage)
Further, Darden stock also tumbled 7% in morning action. Darden Restaurants missed earnings estimates for its fiscal first quarter, but raised its full-year outlook. Later Thursday, after the market closes, FedEx FDX and Lennar LEN are set to report their quarterly earnings reports.
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It’s the hottest chip stock you’ve probably never heard of — and it just soared 30% in a week
Rambus is a memory-chip company exposed to AI and data centers, and an analyst sees its semiconductor revenue growing 40% this year.
Despite China's ongoing property crisis and its trade war with the US, the Hang Seng Tech Index has surged over 60% in 2025.
At 4:00 ET (20:00 GMT), the Dow Jones Industrial Average gained 123 points, or 0.3%, while the S&P 500 index climbed 0.5% to a closing record high of 6,631.17. The NASDAQ Composite rose 0.9%.
Artificial intelligence chipmakers saw strong momentum this week as corporate earnings, cloud computing contracts, and surging demand for AI infrastructure fueled gains across the sector. Nvidia (NASDAQ:NVDA),
Chips stocks slid Friday, dragging on the major U.S. equities indexes in the last trading session of August as China concerns weighed on the sector.
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5 AI Stocks to Buy Right Now
These five artificial intelligence stocks cover every angle of AI -- from chips and the cloud to quantum breakthroughs and clean power.
Four blue-chip stocks stand out even as the STI hovers above 4,300. The post 4 Blue-Chip Stocks to Watch as the STI Hits Record Levels appeared first on The Smart Investor.