Technology
US Stock Futures Rise With Intel Leading Semiconductor Rally
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Big Tech US Stock Futures Rise With Intel Leading Semiconductor Rally US stock index futures climbed on Thursday as chips stocks extended Wednesday’s rally. Intel Corp. surged after President Donald Trump said the chipmaker struck a deal with Apple Inc. to design and produce semiconductors domestically. Contracts on the tech-heavy Nasdaq 100 rose 1.4%, while S&P 500 futures advanced 0.6% as of 7:31 a.m. in New York.
Big Tech
US Stock Futures Rise With Intel Leading Semiconductor Rally
US stock index futures climbed on Thursday as chips stocks extended Wednesday’s rally. Intel Corp. surged after President Donald Trump said the chipmaker struck a deal with Apple Inc. to design and produce semiconductors domestically.
Contracts on the tech-heavy Nasdaq 100 rose 1.4%, while S&P 500 futures advanced 0.6% as of 7:31 a.m. in New York. Chips companies Micron Technology Inc. and Sandisk Corp. were among top S&P 500 gainers. Apple edged higher as CEO Tim Cook told the Wall Street Journal the company plans to raise prices to offset higher memory and storage chips costs.