The post The AI Chip Rally Is Masking a Dangerous Truth. Half the S&P 500 Is Being Left Behind appeared first on 24/7 Wall St..
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The Philadelphia Semiconductor Index’s 64% climb since late March is being driven almost entirely by AI infrastructure chip stocks.
Intel (INTC) tripled since late March with a 14% Friday surge on Apple chip deal reports, posting Q1 non-GAAP EPS of $0.29 versus $0.01 estimate and Data Center/AI revenue of …