AMD, Nvidia Lead Chip-Stock Rally as Semiconductor Tariff Worries Ease
1. AMD shares surged nearly 8%, leading gains in the S&P 500. 2. Reports indicate no upcoming tariffs on the semiconductor sector. 3. Chip stocks struggled earlier due to tariff and investment concerns. 4. Major tech companies plan to significantly increase AI spending. 5. DeepSeek's lower-cost AI model raises competitive investment concerns.