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By Rodrigo Santos Andrade
Market Talk: Soaring chip stocks ‘can go even higher from here’
visibility comment0 event May 8, 2026 timer 19:23
The S&P 500 and Nasdaq hit record highs, with Intel soaring on reports of a deal to make chips for Apple devices. Baird investment strategist Ross Mayfield says first quarter earnings and guidance from AI-linked chip makers were ‘so robust that it’s hard to call this a bubble.’
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