U.S. stock market closing: the three major Indexes had mixed results, with the Technology conference CES boosting chip stocks higher.
① Nasdaq China Golden Dragon Index closed down 1.16%, most China Concept Stocks fell, Tencent ADR dropped nearly 8%; ② MicroStrategy has purchased Bitcoin for nine consecutive weeks; ③ Trump denies plans to reduce the applicability of tariffs; ④ Qualcomm announces the launch of the new AI chip Snapdragon X.
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The Semiconductors Index rose nearly 4%, with NVIDIA and Taiwan Semiconductor expected to close at new highs! What has happened to the chip stocks?
NVIDIA has broken through the $150 mark for the first time since last November, with semiconductor stocks in Asia, Europe, and the USA experiencing widespread gains. AI demand stimulated Foxconn's revenue to reach a record high in the fourth quarter of last year, becoming the main reason driving chip stocks to lead. Meanwhile, Microsoft and OpenAI have released positive signals regarding AI demand, and the market also anticipates a significant speech by Jensen Huang on Monday, all of which have boosted market sentiment.
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