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Chip Stocks Post Biggest Advance Since April 2025 | Closing Bell
Posted
July 30, 2026
Views
382
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14
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July 30, 2026
382
14
3.66%
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11:19Now PlayingComprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Carol Massar and Tim Stenovec.
A rebound in giant chipmakers lifted stocks as dip buyers emerged on speculation that the artificial-intelligence trade that has powered the bull market has more room to run.
Following a selloff in one of Wall Street’s most-crowded bets, a closely watched gauge of semiconductor giants climbed the most since April 2025. The Nasdaq 100 advanced 3.4%. Microsoft Corp. surged 16%, adding roughly $450 billion to its value, the most by any stock in a single day. In late hours, Amazon.com Inc. jumped after its results while Apple Inc. retreated.
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