# The Nasdaq jumped to a record high on Tuesday, lifted by Intel and other AI-related stocks.

*fintech · news · 2026-05-05 · MarketScreener*

## Key points

- Intel surged 14% after reports that Apple discussed using Intel for its device processors.
- The Philadelphia SE Semiconductor index reached a record high with a 4.7% jump.
- S&P 500 companies now expect Q1 earnings growth of 28%, doubling April's earlier estimate.
- U.S. job openings for March fell to 6.866 million, exceeding expectations of 6.835 million.

**Companies:** Apple, Intel, AMD, Pinterest, DuPont, Archer-Daniels-Midland
**Countries:** United States, Iran

[Read the full story on MarketScreener](https://www.marketscreener.com/news/nasdaq-hits-record-as-ai-chip-stocks-surge-ce7f58dcde8cff2c)

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