S&P 500 Rallies On Best Day In 2 Months As Recession Fears Ease, Tesla Rockets, Bitcoin Hits $88,000: What's Driving Markets Monday? - Advanced Micro Devices (NASDAQ:AMD)
1. AMD shares surged 7.3%, highest jump since February 2024. 2. Demand for AMD chips is rising due to Ant Group's shift to domestic suppliers. 3. U.S. economic activity showed significant growth, easing recession fears. 4. Improved investor sentiment boosted tech stocks, indicating positive market conditions. 5. Trump's softened tariff stance contributed to improved market confidence.