No connection

Search Results

Markets Score 45 Bullish

Tech Surge Lifts Nasdaq and S&P 500 as Semiconductor Strength Offsets Dow Slump

Apr 24, 2026 16:11 UTC
INTC, AMD, ARM
Immediate term

Gains in AI-focused chipmakers Intel, AMD, and Arm drove the Nasdaq and S&P 500 higher on Friday. The Dow Jones Industrial Average lagged behind the tech-heavy indices during the session.

  • Nasdaq and S&P 500 indices closed higher
  • Intel shares experienced a significant surge
  • AI chipmakers AMD and Arm also posted gains
  • Dow Jones Industrial Average trended lower
  • Market momentum concentrated in the semiconductor sector

The Nasdaq and S&P 500 indices climbed on Friday, propelled by a significant rally in the semiconductor sector. This strength was led by Intel, which saw a sharp increase in share price, alongside gains from other AI-centric firms including AMD and Arm. The divergence in market performance saw the Dow Jones Industrial Average slip, indicating a rotation or selective strength in growth and technology stocks over traditional blue-chip components. The surge in chipmakers suggests continued investor appetite for artificial intelligence infrastructure. While specific percentage gains were not detailed in the live coverage, the collective movement of Intel, AMD, and Arm provided the necessary momentum to push the broader tech indices into positive territory. Traders are closely monitoring the semiconductor space as a bellwether for broader AI sentiment. The positive price action in these key tickers suggests a bullish short-term outlook for the hardware layer of the AI trade, despite broader macroeconomic headwinds affecting the Dow.

Sign up free to read the full analysis

Create a free account to unlock full AI-curated market articles, personalized alerts, and more.

Create Free Account Already have an account? Sign In
Share this article

Related Articles

Score 35 Bullish

Nasdaq Gains Momentum as AI Sector Rallies Ahead of Big Tech Earnings

Apr 24, 17:56

Score 48

Intel Earnings Boost Equities as Oil Recedes on Geopolitical Optimism

Apr 24, 17:54

Score 32 Bullish

Unusual Call Option Volume Detected for Corning and Adobe

Apr 24, 17:46

Score 25

The Power Law of Equities: Why a Few Winners Drive Market Returns

Apr 24, 17:37

Stay Ahead of the Markets

Join thousands of traders using AI-powered market intelligence. Get personalized insights, real-time alerts, and advanced analysis tools.

Get Started Free View Plans
Features Terminal AI Assistant Analysis Market News Pricing
Start Trading with AI Already have an account? Sign In
Home
Terminal
AI Chat
Markets
Profile