MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump
Published . Updated .
Covered by 2 outlets: Yahoo Finance, Stocktwits.
Who covered it: Center 1 · Not rated 1. How we rate outlets
Key takeaways
- Strategists said the AI trade is recovering on hard demand evidence rather than sentiment, though concerns over financing and data center capacity persist.
- Exposed: QQQ, AIQ, SMH, MSFT, GOOGL
- Market reaction: AIQ +2.4% on the day (still updating); QQQ +2.0% on the day (still updating); AVGO +5.3% on the day (still updating)
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Strategists said the AI trade is recovering on hard demand evidence rather than sentiment, though concerns over financing and data center capacity persist.
Directly affected
- AMD Advanced Micro Devices-15.8% 30d
Named in this report.
- CRWV CoreWeave-44.4% 30d
Named in this report.
Indirectly affected
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- AIQ Global X Artificial Intelligence & Technology ETF-4.6% 12d
Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- SMH VanEck Semiconductor ETF-15.5% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story.
- GOOGL Alphabet-15.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- MSFT Microsoft+4.0% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- NVDA Nvidia-8.4% 30d
Nvidia (semiconductors and related devices): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- AMZN Amazon.com+8.7% 30d
Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- ASML ASML Holding N.V-8.9% 11d
ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AMD | -5.12% | -13.13% | base | +5.65% | after close | after close | after close |
| CRWV | -0.68% | -4.88% | base | +22.19% | after close | after close | after close |
| QQQ | +2.50% | -2.74% | base | +1.99% | after close | after close | after close |
| AIQ | +2.54% | -2.53% | base | +2.44% | after close | after close | after close |
| SMH | +4.28% | -4.14% | base | +4.60% | after close | after close | after close |
| GOOGL | +0.54% | -0.95% | base | +1.21% | after close | after close | after close |
| MSFT | +4.29% | -0.49% | base | -2.16% | after close | after close | after close |
| NVDA | +18.59% | +10.61% | base | +3.65% | after close | after close | after close |
| AMZN | -1.76% | -4.23% | base | -1.61% | after close | after close | after close |
| ASML | -0.77% | -5.53% | base | +2.09% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump Yahoo Finance
Source: Yahoo Finance
Invesco Qqq Trust, Series 1 (QQQ) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Global X Fds (AIQ) | that day | +2.44% | still updating |
| Global X Fds (AIQ) | three days earlier | -2.53% | final price |
| Global X Fds (AIQ) | five days earlier | +2.54% | final price |
| AMD | that day | +5.65% | still updating |
| AMD | three days earlier | -13.13% | final price |
| AMD | five days earlier | -5.12% | final price |
| Amazon Com (AMZN) | that day | -1.61% | still updating |
| Amazon Com (AMZN) | three days earlier | -4.23% | final price |
| Amazon Com (AMZN) | five days earlier | -1.76% | final price |
| ASML | that day | +2.09% | still updating |
| ASML | three days earlier | -5.53% | final price |
| ASML | five days earlier | -0.77% | final price |
| CRWV | that day | +22.19% | still updating |
| CRWV | three days earlier | -4.88% | final price |
| CRWV | five days earlier | -0.68% | final price |
| Alphabet (GOOGL) | that day | +1.21% | still updating |
| Alphabet (GOOGL) | three days earlier | -0.95% | final price |
| Alphabet (GOOGL) | five days earlier | +0.54% | final price |
| Microsoft (MSFT) | that day | -2.16% | still updating |
| Microsoft (MSFT) | three days earlier | -0.49% | final price |
| Microsoft (MSFT) | five days earlier | +4.29% | final price |
| NVDA | that day | +3.65% | still updating |
| NVDA | three days earlier | +10.61% | final price |
| NVDA | five days earlier | +18.59% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | +1.99% | still updating |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | -2.74% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +2.50% | final price |
| Vaneck Etf Trust (SMH) | that day | +4.60% | still updating |
| Vaneck Etf Trust (SMH) | three days earlier | -4.14% | final price |
| Vaneck Etf Trust (SMH) | five days earlier | +4.28% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Advanced Micro Devices (AMD) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 68 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Advanced Micro Devices (AMD), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Advanced Micro Devices (AMD), worth $1,001 - $15,000 on 18 Aug 2026. That is 85 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought CoreWeave (CRWV), worth $1,001 - $15,000 on 28 Aug 2026. That is 75 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Alphabet (GOOGL) (held by a dependent child), worth $1,001 - $15,000 on 28 Oct 2026. That is 14 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 58 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 68 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Microsoft (MSFT) (held by a dependent child), worth $1,001 - $15,000 on 28 Oct 2026. That is 14 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Shelley M Capito sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 21 days before publication. Filed 4 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 15 Oct 2026. That is 27 days before publication. Filed 2 Nov 2026. View the filing.
- Rep. Maria Elvira Salazar bought Nvidia (NVDA), worth $1,001 - $15,000 on 23 Oct 2026. That is 19 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Nvidia (NVDA) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 35 days before publication. Filed 5 Nov 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Companies in semiconductors around Invesco Qqq Trust, Series 1 (QQQ)
Companies tied to this story
- QQQ Invesco Qqq Trust, Series 1
Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump.” Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- AIQ Global X Fds
Global X Fds (AIQ) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump.” Reason on file: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- SMH Vaneck Etf Trust
Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump.” Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story
- MSFT Microsoft
Microsoft (MSFT) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump.” Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- GOOGL Alphabet
Alphabet (GOOGL) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump.” Reason on file: Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- AMZN Amazon Com
Amazon Com (AMZN) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump.” Reason on file: Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- META Meta Platforms
Meta Platforms (META) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump.” Reason on file: Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- AVGO Broadcom
For “MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump,” Broadcom (AVGO) is linked, with no stored direction, medium confidence. Reason on file: Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story
Invesco Qqq Trust, Series 1 (QQQ) and the semiconductors link
The 11 Nov 2026 story “MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump” names Invesco Qqq Trust, Series 1 (QQQ) because of Semiconductors.
The link for Invesco Qqq Trust, Series 1 (QQQ) is this: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
A second company, Global X Fds (AIQ), is listed for a different reason: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
Price levels for Invesco Qqq Trust, Series 1 (QQQ)
AIQ traded between 61.70 and 67.40 across 11 sessions. The latest close on file is 62.94. QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32. SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07.
A simple score for Invesco Qqq Trust, Series 1 (QQQ)
54 out of 100Price not final
“MU, AMD, AVGO, Other Chip Stocks Surge As CoreWeave Earnings Reignite AI Trade — Nasdaq-100 Futures Jump” scores 54 out of 100. The score uses 2 sources, and 8 linked companies. The price is not final yet.