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Tech stocks soar as SK hynix adds to rising AI confidence

Published . Updated .

Covered by 2 outlets: France 24, Yahoo Finance.

Who covered it: Center 2. How we rate outlets

Tech stocks soar as SK hynix adds to rising AI confidence

Technology firms surged across Asia on Wednesday after blockbuster earnings from chip giant SK hynix helped boost optimism in the AI trade ahead of results from Wall Street titans Microsoft and Alphabet.

Directly affected

  • SKHY SK hynix

    Named in this report.

  • MSFT Microsoft+7.1% 30d

    Named in this report.

  • GOOGL Alphabet-8.2% 30d

    Named in this report.

Indirectly affected

  • QQQ Invesco QQQ+0.4% 17d

    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-1.8% 30d

    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-0.1% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story.

  • AAXJ iShares MSCI All Country Asia ex Japan ETF-9.9% 19d

    iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”).

  • AMZN Amazon.com+0.2% 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.

  • META Meta Platforms-6.0% 30d

    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.

  • NVDA Nvidia+1.8% 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.

  • AVGO Broadcom

    Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SKHY-1.40%-5.65%baseafter closeafter closeafter closeafter close
MSFTNo price data for this ticker———————
GOOGLNo price data for this ticker———————
QQQ+0.56%-2.36%baseafter closeafter closeafter closeafter close
AIQNo price data for this ticker———————
SMHNo price data for this ticker———————
AAXJNo price data for this ticker———————
AMZNNo price data for this ticker———————
METANo price data for this ticker———————
NVDANo price data for this ticker———————
AVGONo price data for this ticker———————

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.

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Tech stocks soar as SK hynix adds to rising AI confidence France 24

Source: France 24

This story

CompanyWhenMoveStatus
QQQthree days earlier-2.36%final price
QQQfive days earlier+0.56%final price
SKHYthree days earlier-5.65%final price
SKHYfive days earlier-1.40%final price

Trades by members of Congress and officials in the stocks in this story

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).

How solid “Tech stocks soar as SK hynix adds to rising AI confidence” looks

50 out of 100

“Tech stocks soar as SK hynix adds to rising AI confidence” scores 50 out of 100. The score uses 4 sources.