AI Boom Pushes Stock Market to Record Highs as Chip Companies Surge
Key Points: Nvidia reached a massive $5 trillion market value while Intel posted its strongest single-day stock gain since 1987. Massive technology companies plan to spend roughly $650 billion this year to build new artificial intelligence infrastructure. The stock market ignores $100 oil prices and global conflict, pushing the S&P 500 toward a 7,600 target. Wall Street analysts recommend buying power infrastructure companies such as...