Symbolic imageS&P 500 hits record high as AI chip stocks rally
The S&P 500 reached a record high on Tuesday despite a slump in the bond market, and Bloomberg had described it as on course for its first record since August. Marvell shares rose six percent, Broadcom four percent and AMD three percent, according to Politika, after Marvell raised its 2028 revenue forecast on strong AI data center demand.
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