business / news / / Detroit Free Press
Al infrastructure spending accelerated, and the war's disruption to supply chains has not slowed it.
The Philadelphia Semiconductor Index (SOXX) achieved an unprecedented 18 consecutive days of gains.
KEY POINTS
- Intel stock surged 85% this month, marking its best monthly performance in company history.
- AI infrastructure spending accelerated despite ongoing war disruptions to global supply chains.
- The S&P 500 hovered near a record 7,100, a level seen as impossible just four weeks ago.
- 88% of reporting companies beat estimates, surpassing the 10-year average of 76%.
COMPANIES
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