AI-fueled tech rally powers fresh market highs
TL;DR Summary
U.S. stocks closed at new record highs as AI and tech names—especially memory chips and big-tech leaders—led the rally, with Alphabet, Meta, Nvidia and Micron among the movers while Tower Semiconductor and Nebius posted notable gains on AI-infrastructure optimism; Ford also rallied on bullish AI-related activity, even as producer prices unexpectedly jumped.
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