The U.S. is considering the need for a "CHIPS Act 2.0" to bolster its semiconductor industry further and compete with global leaders like China and Taiwan.
The Nasdaq finally hit a new high, but is again extended. Several leaders offered new entries, including Taiwan Semiconductor. Investors need to be nimble, and patient.
Dell Technologies (DELL) shares are catapulted higher ahead of Friday's session close, seeing upward gains of 30%. Dell outpaced fourth-quarter earnings estimates in the top and bottom lines, as reported on Thursday. Yahoo Finance Live monitors the upward momentum seen by chip stocks reacting to Dell's positive guidance around AI, including Advanced Micro Devices (AMD) and NetApp (NTAP). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.