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NASDAQ:ARM 1 February 2026 - 6 May 2026

SMH ETF Is Back in the AI Chip Rally. One Risk Still Could Bite Investors

SMH ETF Is Back in the AI Chip Rally. One Risk Still Could Bite Investors

Wednesday morning saw the VanEck Semiconductor ETF jump back into the spotlight as U.S. chipmakers headed higher premarket, buoyed by Advanced Micro Devices’ bullish outlook and a fresh wave of interest in AI-related hardware. SMH traded at $522.69, marking a $16.25 climb from the previous close. Reuters flagged AMD surging almost 18% before the bell, with Intel, Arm, Qualcomm, and Micron also moving up. This shift is significant as the AI trade widens out. Instead of just chasing Nvidia-type GPUs—the specialized chips powering much of AI’s training—investors are eyeing more. AMD’s latest update flagged stronger appetite for CPUs, the general-purpose chips at the heart of everyday computing. As AI focus tilts toward “inference,” or deploying trained models in practical scenarios, fresh demand for these processors is emerging.
QQQ Stock Rises Before the Open as AI Chip Rally Puts Nasdaq Records Back in Play

QQQ Stock Rises Before the Open as AI Chip Rally Puts Nasdaq Records Back in Play

Invesco QQQ Trust ETF climbed early Wednesday in premarket action, buoyed by a rally in Nasdaq futures following a bullish forecast from Advanced Micro Devices that energized the AI trade. QQQ last traded at $681.61, up roughly 1.3% versus its prior close. Nasdaq 100 futures showed gains ahead of the open. This shift is significant: QQQ sits at the heart of how traders bet on the Nasdaq-100, tracking the 100 largest non-financial Nasdaq names. It's an ETF—essentially a stock-like bundle of holdings—that hands investors instant access to heavyweight growth and tech players, skipping the hassle of picking individual shares.
Arm Holdings Faces Fresh Malaysia Probe Heat Days Before Its Next Earnings Test

Arm Holdings Faces Fresh Malaysia Probe Heat Days Before Its Next Earnings Test

Malaysia’s anti-graft agency has called in former economy minister Rafizi Ramli for questions tied to a government chip-design agreement with Arm Holdings plc, throwing fresh political and governance uncertainty over the British semiconductor firm just ahead of its next earnings release. The agency confirmed to Bloomberg on Sunday that Rafizi was summoned as part of its probe into the Arm deal. The date’s set: Arm will webcast its fiscal Q4 2026 results on May 6, offering a new read on whether momentum for its chip designs, royalty streams, and AI processor ambitions can justify the stock’s rapid climb on Nasdaq. According to Arm’s investor page, management goes live with the Q4 webcast at 14:00 Pacific, 22:00 GMT.
OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

Shares of Oracle and CoreWeave dropped sharply Tuesday, dragging down other AI-related names, after the Wall Street Journal reported OpenAI fell short of its latest revenue and user goals. The miss has rekindled concerns about the ChatGPT developer’s ability to bankroll its data-center expansion. This shift is significant: OpenAI links together a tangle of cloud, chip, and funding arrangements that have propelled the AI rally. The question investors are pushing now is blunt—can actual demand for AI products cover the steep costs of compute, chips, and the data-center muscle behind them.
Dow Jones Today: Why The Dow Is Holding Up While Nasdaq Sinks On AI Worries

Dow Jones Today: Why The Dow Is Holding Up While Nasdaq Sinks On AI Worries

The Dow Jones Industrial Average managed a modest gain Tuesday, bucking declines in the S&P 500 and a steeper slide for the Nasdaq as traders moved out of AI stocks and into more stable blue chips. According to LSEG figures cited by Reuters, the Dow closed up 100.62 points, or 0.20%, at 49,268.41. The S&P 500 slipped 0.64%, with the Nasdaq down 1.24%. The split stands out: the selloff’s hit isn’t spread evenly. Because the Dow is price-weighted, stocks with bigger price tags have an outsized impact. Coca-Cola and Johnson & Johnson, both trading higher, managed to cushion the blow—together, they tacked on roughly 48 points to the Dow, according to MarketWatch.
Nvidia Stock Today: Why Shares Are Falling After the OpenAI Shock

Nvidia Stock Today: Why Shares Are Falling After the OpenAI Shock

New York—April 28, 2026, 10:36 EDT Nvidia slid 1.8% to $212.78 Tuesday, erasing some of Monday’s rally. The pullback came as traders exited AI names following a report that cast doubt on OpenAI’s user numbers, revenue, and future spending on compute. At its session low, Nvidia hit $208.62, but the chipmaker still held onto a market cap north of $5.2 trillion.
Stock Market Today: Nasdaq Futures Sink as OpenAI Jolt and $110 Oil Threaten Record Rally

Stock Market Today: Nasdaq Futures Sink as OpenAI Jolt and $110 Oil Threaten Record Rally

Nasdaq 100 futures sagged 1.27% as of 8:04 a.m. ET, with the tech-heavy index under pressure after a report surfaced about OpenAI missing internal goals—AI stocks took the brunt. S&P 500 E-minis slipped 0.68%. Dow E-minis edged higher, up 0.17%. Oil climbing past $110 a barrel on Middle East supply fears added to the unease. “Putting pressure on the Nasdaq and on the S&P,” said Art Hogan, chief market strategist at B Riley Wealth. The retreat landed just after all-time highs for both the S&P 500 and Nasdaq—this wasn’t a post-selloff move. Futures, those contracts trading ahead of the opening bell, were signaling some caution Tuesday as investors braced for a busy stretch: heavyweight tech earnings plus the Fed’s policy call.
US Stock Market Today: Futures Slip as $110 Oil and AI Jitters Test Wall Street’s Record Run

US Stock Market Today: Futures Slip as $110 Oil and AI Jitters Test Wall Street’s Record Run

Stock futures in the U.S. slipped early Tuesday, with tech names seeing the heaviest selling. Higher oil prices and renewed jitters around the artificial intelligence rally put the brakes on Wall Street’s latest record streak. The Nasdaq 100 futures lost 0.7% recently; S&P 500 futures dropped 0.3%. Dow futures bucked the trend, pointing 0.3% higher. Futures contracts offer a look at where the indexes might open. This shift is hitting at a delicate moment: the market's tolerance for setbacks is razor thin. On Monday, both the S&P 500 and the Nasdaq Composite notched fresh record closes—even with a packed lineup of earnings reports, key economic numbers, and a Federal Reserve rate call still to come this week.
S&P 500’s April Rally Has One Big Catch as Big Tech Earnings Loom

S&P 500’s April Rally Has One Big Catch as Big Tech Earnings Loom

Stocks in the U.S. edged lower Monday, pulling back after last week's run to record highs and a sharp rally through April. Oil prices ticked up. Investors mostly hesitated ahead of a packed week featuring earnings from the big tech names and the upcoming Fed decision. By 11:04 a.m. ET, the S&P 500 had slipped 0.17% to 7,153.03. “The market was trying to hold on to its gains,” noted Phil Blancato, chief market strategist at Osaic Wealth, as traders waited for fresh data. Time’s running down. As of Friday, the S&P 500 had surged about 13% since March 30. The Nasdaq pushed even further, jumping over 19%. Those gains turned initial Middle East nerves into fresh market highs—no sign of any extended slide.
US Stock Market This Week: S&P 500, Nasdaq Hit Records as Intel Sparks AI Rally

US Stock Market This Week: S&P 500, Nasdaq Hit Records as Intel Sparks AI Rally

The S&P 500 and Nasdaq both notched fresh record closes this week, thanks to a late-session surge in chip stocks after Intel’s upbeat forecast rekindled enthusiasm for the artificial-intelligence sector. The Dow lost ground, so beneath the surface, the rally was less broad than the headline highs implied. The rebound’s about to get challenged. Investors are bracing for a packed week: megacap tech earnings, Q1 U.S. growth numbers, the Fed’s favored inflation figure, and a Federal Reserve meeting set for April 28-29.
US Stock Market Today: Nasdaq Hits Record as Intel AI Rally Outruns Dow

US Stock Market Today: Nasdaq Hits Record as Intel AI Rally Outruns Dow

Tech stocks pushed the Nasdaq Composite to a new intraday high Friday after Intel’s outlook triggered another round of gains for chipmakers. The S&P 500 climbed as well, but the Dow Jones Industrial Average trailed behind, so gains didn’t reach every corner of the market. It's a key moment, with investors weighing if strong corporate earnings will be enough to counter two looming threats: fallout from the Iran conflict rattling energy markets, and unpredictable signals from the Fed. Some renewed optimism around potential U.S.-Iran negotiations nudged stocks higher, a brief respite after days of anxiety over the Strait of Hormuz—the oil sector’s vital artery.
AMD Stock Jumps as Intel’s AI CPU Boom Puts $500 Billion in Sight

AMD Stock Jumps as Intel’s AI CPU Boom Puts $500 Billion in Sight

Shares of Advanced Micro Devices jumped over 7% in U.S. premarket trading Friday, as a surge in central processor names followed Intel’s numbers, which flagged mounting AI data-center appetite outside the graphics chips that have led the sector. AMD and Arm both traded higher; investors are now wagering that answering AI queries—known as inference—will drive heavier use of CPUs in big server clusters. This shift pushes some of the AI momentum into a space where AMD’s EPYC server CPUs are already entrenched. While GPUs still dominate when it comes to training big AI models, CPUs do the heavy lifting for general server operations and, more and more, step in to coordinate emerging AI workloads.
Intel Stock Price Jumps After 18A PC Launch Gives Wall Street Fresh Turnaround Proof

Intel Stock Price Jumps After 18A PC Launch Gives Wall Street Fresh Turnaround Proof

NEW YORK, March 26, 2026, 07:43 AM EDT Intel finished Wednesday up 7.1% at $47.18 after unveiling its Core Ultra Series 3 business PCs, the first to use its 18A manufacturing process. The new lineup is set to power over 125 different designs, with shipments kicking off March 31. Along with that, Intel introduced its Arc Pro B70 and B65 graphics cards. David Feng, a vice president in the client computing group, described this as Intel’s “most expansive and capable commercial portfolio” yet. Executive Anil Nanduri pointed to the Arc Pro range as built for “AI builders at scale.”
Intel Stock Price Rises Before the Bell as Arm AI Chip Fuels Server CPU Bets

Intel Stock Price Rises Before the Bell as Arm AI Chip Fuels Server CPU Bets

Intel climbed 3.8% in premarket trading Wednesday after Arm unveiled a new AI data-center chip, lifting chipmakers across the board. Oil edged lower. Word from Washington about a potential month-long Iran war ceasefire also fueled risk appetite in U.S. futures. The surge toward “agentic AI”—these are tools that execute tasks autonomously for users—has opened up fresh appetite for server CPUs. Arm’s approach? Citigroup analysts say the company has “jumped in with both feet.” On valuations, Intel leads the pack, changing hands at a striking 71.27 times its estimated earnings for the coming year, while AMD sits at 26.64, based on LSEG data pulled by Reuters.
AI stocks swing hard: Nvidia jumps as Amazon slides on $200 billion AI spend

AI stocks swing hard: Nvidia jumps as Amazon slides on $200 billion AI spend

New York, Feb 6, 2026, 13:46 EST — Regular session AI chip stocks bounced back Friday afternoon, led by Nvidia’s 7.3% jump and Advanced Micro Devices climbing 7.7%. Amazon, however, dropped 7.0%. Broadcom rose 7.3%, Super Micro Computer surged 10.1%, and Arm Holdings gained 9.8%, while Alphabet edged down 2.0%.
US economic calendar today: Jobless claims, JOLTS hit as Wall Street futures steady

US economic calendar today: Jobless claims, JOLTS hit as Wall Street futures steady

New York, Feb 5, 2026, 06:43 ET — Premarket U.S. stock index futures were largely flat early Thursday as traders waited for weekly jobless claims and a delayed report on job openings, and weighed Alphabet's new AI spending plan ahead of Amazon's results later in the day. By 5:16 a.m. ET, Dow E-minis, futures contracts tied to the index, were down 36 points, or 0.07%, while S&P 500 E-minis were up 9 points, or 0.13%, and Nasdaq 100 E-minis were up 78.25 points, or 0.31%. Alphabet fell 2.4% in premarket trading after laying out capital expenditure plans that could nearly double this year, while Qualcomm slid 10.4% and Arm dropped 7%; chip names such as Broadcom rose, and “unforgiving scrutiny over AI capex continues to spook investors,” said Thomas Monteiro, senior analyst at Investing.com.

Stock Market Today

  • Yen drops to 162.27 vs dollar, lowest since 1986 as traders watch for Japan action
    June 29, 2026, 9:54 PM EDT. The yen slid to 162.27 per dollar, hitting levels last seen in 1986 and fueling chatter over possible government intervention. Finance Minister Satsuki Katayama repeated Japan's readiness to step in against sharp currency swings, in line with past remarks after U.S. talks. Chief Cabinet Secretary Minoru Kihara said the government is working to keep the economy steady as the currency stays volatile. Julia Wang at Nomura said officials could intervene but said wider rate gaps with the U.S. support ongoing yen weakness and carry trades. The Bank of Japan has lifted its benchmark rate to 1%, the highest in more than three decades, to fight inflation from higher energy prices and geopolitical risks.
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