The Nasdaq hit a record high, but is again extended. Taiwan Semi was among leaders offering new entries. Super Micro soared on S&P 500 news.
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.
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.