Wall Street’s AI trade resumed its upward march, with chipmakers leading the charge. Broadcom climbed 3.35 percent and ASML added 3.25 percent, both closing near session highs, while AMD rose 2.95 percent and TSMC gained 2.96 percent. The broad strength in semiconductors and lithography equipment signals sustained demand for the compute infrastructure underpinning frontier AI models. Nvidia edged up 1.34 percent as the Nasdaq Composite advanced 1.19 percent.
Software and cloud stocks also lifted, with Alphabet up 1.56 percent and Amazon 1.33 percent, supported by positive sentiment around new AI product announcements including Google’s Gemini 4 Argon launch. In the robotics space, Tesla surged 4.65 percent, while DroneShield gained 6.41 percent. Intuitive Surgical slipped 2.32 percent, a rare decliner. The Global X Robotics & AI ETF rose 1.69 percent. Bitcoin dipped 0.42 percent, tracking a subdued crypto session.