Tech stocks lead the gains, chip stocks rise
2026-08-12 21:55:03
According to CoinMeta, on Wednesday, the stock market rose following the release of a consumer price index report that indicated a slowdown in inflation in July. The Nasdaq Composite Index (^IXIC) led the gains among the major indices, benefiting from the strong financial reports of key AI infrastructure companies. At the opening of trading, the technology sector (XLK) performed the best, driven by a 2% increase in NVIDIA ( NVDA ) and a rebound in semiconductor stocks. Energy stocks (XLE) declined due to falling oil prices, while healthcare stocks (XLV) corrected after recent gains. Stocks of interest to Yahoo Finance readers include Nebius ( NBIS ), SpaceX ( SPCX ), NVIDIA ( NVDA ), Micron ( MU ), CoreWeave ( CRWV ), and Supermicro ( SMCI ).
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Source:Internet
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