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Nvidia Reclaims $5 Trillion Market Cap as Chip Stocks Soar

Key Points: Nvidia added over $200 billion in value on Friday, pushing its total market cap past $5.12 trillion. The company now holds a massive $1 trillion lead over Alphabet, the second-largest company in the market. The Philadelphia Semiconductor Index hit an historic 18-day winning streak thanks to massive tech sector gains. Intel broke its...

US Government Stake in Intel Soars to $36 Billion After Stock Surge

Key Points: The US government watched its strategic investment in Intel quadruple, reaching a massive $36 billion valuation. Taxpayers gained a $27 billion paper profit since officials priced the original August deal at just $20.47 per share. Intel stock jumped 24% to a record $82.54 after the company released a highly positive sales outlook. President...