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AI News from ET - US chipmakers hit record highs as Intel turbocharges AI rally

Vishwadeep Khatri
in AI News & Two Lenses

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American chip stocks hit new peaks on Friday. Intel's strong revenue forecast boosted optimism about the ongoing AI boom. The semiconductor sector is seeing significant earnings growth. Companies like AMD and Arm also saw their shares climb. Nvidia, the world's most valuable company, also rose. This surge highlights the strong demand for AI infrastructure.

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