U.S. Stocks on the Move | Nasdaq Composite Index Extends Gains to 1.2%; Semiconductor Stocks Rise

Zhitong Finance APP has learned that on Monday, the Nasdaq Composite Index rose, extending its gain to 1.2%, with semiconductor stocks moving higher. ARM (ARM.US) rose more than 5%, NXP Semiconductors (NXPI.US) rose more than 4%, SK Hynix (SKHY.US) rose more than 3%, Micron Technology (MU.US), NVIDIA (NVDA.US), and Intel (INTC.US) rose nearly 3%, Broadcom (AVGO.US) rose more than 2%, and Qualcomm (QCOM.US), TSMC (TSM.US), and AMD (AMD.US) rose nearly 2%. The U.S. stock market's AI bull run ushers in a "critical judgment week": earnings reports from the three major cloud giants, the Federal Reserve's decision, and other events mean the U.S. stock market is entering an extremely decisive week. On the surface, this is a dense earnings window. In essence, it is a synchronized stress test of the foundational narrative of the artificial intelligence (AI) bull market.