The three major U.S. stock indexes rose collectively. As of the close, the Dow rose 1.98%, the Nasdaq rose 1.59%, and the S&P 500 rose 1.86%.
Most of the large technology stocks rose, and Apple rose more than 4%. It was reported that it was seeking to establish new production bases in South Asia and Southeast Asia to diversify its supply chain. UBS gave Apple a “buy” rating with a target price of $185; Microsoft rose more than 3%, Google and IBM rose more than 2%, Tesla and Meta rose more than 1%, and Netflix rose slightly.
Chip stocks generally rose, Asmar rose more than 4%, Applied Materials rose more than 3%, AMD, NVIDIA, ASE Semiconductor rose more than 1%, Micron Technology rose 1%, Intel, TSMC, Qualcomm, NXP Semiconductors, Texas Instruments and Up; chip giant Broadcom fell more than 3%, cloud computing service giant Wei Rui rose more than 25%, news, Broadcom is discussing the acquisition of Wei Rui at a price of 140 US dollars per share, it is reported that the valuation of the acquisition transaction is about 60 billion US dollars, The deal is scheduled to be announced on Thursday.
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