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The Tech Download: Chip stocks surge in ‘historic' month as investors' AI buildout concerns ease

By CNBC May 01, 2026 Bullish
The Tech Download: Chip stocks surge in ‘historic' month as investors' AI buildout concerns ease
March saw many chip stocks drop amid concerns over the AI buildout, but their fortunes have reversed in April. Nasdaq's chip index rose 35% last month as investors ploughed into the sector.
March saw many chip stocks drop amid concerns over the AI buildout, but their fortunes have reversed in April. Nasdaq's chip index rose 35% last month as investors ploughed into the sector.