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Intel rose more than 3%, Micron rose more than 2%, Nvidia and Qualcomm rose more than 1%. It is reported that the Trump administration plans to lift the AI chip restrictions of the Biden era. ARM fell more than 5% as the company's performance guidance fell short of expectations. AppLovin surged more than 16% in the first quarter, exceeding expectations and agreeing to sell its gaming division. Xiaopeng Motors rose more than 2% as news circulated that it is considering listing Xiaopeng Huitian on the Hong Kong stock or in the US.
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