Stock futures dip after chip-led rally; SoftBank soars 11% as Asia tech stocks rise: Live updates - CNBC
Stock markets saw modest gains on Friday, driven by strong performances from tech giants Nvidia and Meta. Meanwhile, South Korean chipmaker SK Hynix made a successful debut on the Nasdaq, highlighting continued investor interest in the AI-driven semiconductor sector.
Why it matters
The performance of tech stocks and the successful IPO of a major foreign chipmaker reflect ongoing market optimism regarding the artificial intelligence boom.
The S&P 500 rose on Friday, bolstered by a couple Big Tech names, to notch a weekly gain.
The article reports market data and corporate news objectively without loaded language or political framing.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in