# US stocks rallied as AI driven earnings and hopes of a US Iran deal lifted sentiment.

*business · news · 2026-05-06 · CNBC TV18*

## Key points

- The US and Iran are reportedly close to a deal involving a nuclear enrichment moratorium.
- Trump paused 'Project Freedom,' a US naval operation in the Strait of Hormuz, signaling potential de-escalation.
- AMD's earnings beat triggered a semiconductor rally, with AMD stock jumping over 15%.
- Samsung Electronics surpassed a $1 trillion market cap, driven by AI demand for high-bandwidth memory.

**Companies:** Samsung Electronics, TSMC, Advanced Micro Devices, Intel, Super Micro Computer
**Countries:** United States, Iran

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/wall-street-climbs-on-ai-momentum-despite-lingering-geopolitical-tensions-ws-l-19900431.htm)

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