AMD, Micron among chip stocks rising up to 5% as SK Hynix’s earnings boost AI trade; Microsoft, Google results in focus
SK hynix’s record third-quarter profit, driven by demand for advanced semiconductors, lifted Asian and US chip shares and renewed optimism about AI. Investors awaited Microsoft and Alphabet earnings for clues on AI spending and returns, while Anthropic’s IPO filing also drew attention to the sector.
SK hynix’s record third-quarter profit, driven by demand for advanced semiconductors, lifted Asian and US chip shares and renewed optimism about AI. Investors awaited Microsoft and Alphabet earnings for clues on AI spending and returns, while Anthropic’s IPO filing also drew attention to the sector.
What's Your Reaction?
