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AI Stocks Rebound as CoreWeave Jumps on Goldman Sachs Upgrade

CoreWeave rose 2.4% after Goldman Sachs upgraded the stock to buy, while easing bond yields helped lift AI and chip shares.

AI stocks rebound after last weeks sharp selloff, with semiconductor stocks leading the recovery. CoreWeave gains after Goldman Sachs upgrades the stock to buy, while Intel, Nvidia, AMD and Broadcom also rise. Investors now turn to upcoming technology earnings for clues on AI spending, valuations, debt and interest rates.

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Channel News Asia broke the news in Singapore, Singapore on Monday, October 19, 2026.
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