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Nasdaq gain widens to 2% as AMD and SanDisk jump after US open

NewsFeeds update

The Nasdaq's gain widened to 2% and the S&P 500 rose 1.1% after the US open, while the Philadelphia Semiconductor Index climbed 6.8%, with AMD up 13% and SanDisk up 12%.

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The story so far: AI stocks lead US market gains

AI-linked stocks have led US market gains, with Super Micro, Dell and others rising. On Nov 2 US stocks opened higher, with TSMC up 2.03% and Nvidia up 1.81% as the Nasdaq rose 0.65%. On Nov 7 the Nasdaq gained 1.09%, led by AMD at 11.04%, AeroVironment at 10.46% and Tempus AI at 7.98%.

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  1. Nasdaq gain widens to 2% as AMD and SanDisk jump after US open

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