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Nasdaq Hits Record High as AMD Crosses $1 Trillion

By Stocks Desk · · Updated 2026-09-21 21:14 UTC
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Illustration: Tradingbird

The Nasdaq hit a record close as a broad rally in chipmakers lifted the market, with AMD joining the trillion-dollar club alongside strong gains for Intel, Arm, and Meta. Kiplinger attributes the tech surge to optimism over Meta's new AI product and falling oil prices amid potential U.S.-Iran diplomatic progress.

  • Kiplinger reports that Intel and Arm also posted significant gains, with Intel jumping over 12% on reports of U.S. manufacturing talks with SK Hynix. The publication notes that the sector-wide surge was driven by Meta's successful launch of its AI agent, Muse, which is expected to boost demand for high-performance processors.

    Source: Kiplinger

  • AMD joined the trillion-dollar club as chip stocks rallied, lifting the Nasdaq to a record close while Treasury yields fell below 5%.

    Source: Devdiscourse
Based on reporting by Devdiscourse and Kiplinger, compiled by the Tradingbird desk.

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