Nvidia and AMD Lead the Rally in Chip Stocks as War Concerns Ease

MaticHoleFiller · 2026-03-24T07:36:47+00:00

Nvidia and AMD rose approximately 2.8% on Monday due to easing US-Iran tensions, driving a rebound in semiconductor and AI stocks, including gains for Broadcom, Intel, and others. This news eased market concerns about potential energy supply disruptions.

MaticHoleFiller

2026-03-24 07:36:47

Abstract generation in progress

Nvidia and AMD lead a strong rebound in chip and AI stocks on Monday, as easing tensions between the U.S. and Iran provide the market with some relief.

After President Trump announced that recent talks with Iran were “productive” and temporarily halted planned military strikes, both stocks rose about 2.8% in morning trading. This shift helped ease concerns over potential energy supply disruptions and broader geopolitical impacts—factors that had previously weighed on market sentiment.

This relief rally quickly spread across the entire semiconductor sector. Broadcom, Intel, Texas Instruments, Marvell Technology, ADI, Analog Devices, and Qualcomm all saw gains, with Texas Instruments benefiting from the release of its new data center modules. In the AI sector, Oracle and Microsoft both rose over 1%, while Palantir stood out with a 5% surge.

Massive information, precise analysis, all on Sina Finance APP

Editor: Zhang Jun SF065

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.