# The Nasdaq 100 closed above 27,300 for the first time, notching its fourth straight week of gains.

*business · news · 2026-04-24 · Benzinga*

## Key points

- AMD's stock surged 70% month-to-date, its best performance since January 2001.
- Texas Instruments recorded a 20% weekly gain after strong quarterly results, its best since April 2001.
- AI infrastructure spending is accelerating, driving the semiconductor rally despite ongoing supply chain disruptions.
- The Nasdaq 100 posted an 18% gain over 20 sessions, its best four-week run since April 2020.
- 88% of reporting S&P 500 companies beat estimates this season, well above the 10-year average of 76%.

**Companies:** Advanced Micro Devices, Inc., Texas Instruments Incorporated
**Countries:** United States, Iran, Pakistan

[Read the full story on Benzinga](https://www.benzinga.com/news/26/04/52047644/nasdaq-100-best-4-week-rally-since-2020-intel-chips)

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