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NASDAQ:AMD 2 January 2026 - 5 January 2026

Chip stocks surge into 2026 as Nvidia, AMD and Intel face CES and jobs-report tests

Chip stocks surge into 2026 as Nvidia, AMD and Intel face CES and jobs-report tests

Semiconductor stocks led Wall Street’s first session of 2026, with the Philadelphia Semiconductor Index — a benchmark for major U.S.-listed chipmakers — up 4% on Friday as the Dow rose 0.66% and the S&P 500 gained 0.19%. The Nasdaq slipped 0.03% as investors rotated back into chip names after a late-December pullback. “Buy the dip, sell the rip” is the mindset right now, Charles Schwab trading strategist Joe Mazzola said. Reuters
AMD stock jumps 4% to start 2026 as chip rally returns — CES keynote now the next test

AMD stock jumps 4% to start 2026 as chip rally returns — CES keynote now the next test

Advanced Micro Devices Inc shares ended Friday, Jan. 2 up 4.35% at $223.47, tracking a broad rally in semiconductor stocks on the first trading day of 2026. The chipmaker traded between $218.90 and $227.15, with about 36.45 million shares changing hands, and remained about 16% below its 52-week high of $267.08. Investing
AI stocks rally today as Nvidia seeks more H200 chips; AMD and Micron lead early gains

AI stocks rally today as Nvidia seeks more H200 chips; AMD and Micron lead early gains

Nvidia shares rose 2.9% to $191.93 on Friday after Reuters reported the AI chipmaker had approached Taiwan Semiconductor Manufacturing Co about ramping up production of its H200 graphics processing units, chips used to train and run AI models. Sources told Reuters Chinese technology companies have ordered more than 2 million H200 chips for delivery in 2026, far above Nvidia's current inventory of about 700,000 units. The report said TSMC was expected to start work on expanded output in the second quarter, but Chinese authorities have yet to greenlight any H200 shipments. Reuters
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#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
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Chevron

NYSE: CVX 87 / 100
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UPS

NYSE: UPS 84 / 100
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