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Chip Stocks Rise Premarket After Nvidia’s Blowout Results, Lifting AMD

Intel logoIntel
Sig1.65Sen+3.25Env0.00Soc0.00Gov-0.40
AMD logoAMD
Sig0.95Sen+1.20Env0.00Soc0.00Gov0.00
Broadcom logoBroadcom
Sig1.35Sen+2.85Env0.00Soc0.00Gov0.00
NVIDIA logoNVIDIA
Sig3.25Sen+6.40Env0.00Soc0.00Gov0.00

Intel shares rose 3% in premarket trading as Broadcom and Advanced Micro Devices gained about 1.8% each, helped by Nvidia’s second-quarter revenue more than doubling to $96.2 billion. The rally reflected signs that chip and AI demand remain robust, though retail chatter on Stocktwits was bearish for AMD.

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