Stocks rise on Nvidia-Intel deal, Fed rate cut

Business

NEW YORK: Stock markets advanced on Thursday (Sep 18), as tech shares jumped following AI chips giant Nvidia's announcement of a US$5 billion investment in struggling US rival Intel , and as investors digested the Federal Reserve's first interest rate cut of 2025. The tech-heavy Nasdaq led gains on Wall Street, with Intel shares soaring nearly 23 per cent and Nvidia gaining more than three per cent. All three major US indices finished at fresh records. The Dow Jones Industrial Average rose 0.27

Stocks rise on Nvidia-Intel deal, Fed rate cut https://www.channelnewsasia.com/ - 03:36
Stocks rise on Nvidia-Intel deal, Fed rate cut https://www.channelnewsasia.com - 02:00

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Stocks rise on Nvidia-Intel deal, Fed rate cut https://www.channelnewsasia.com/ - 03:36
Stocks rise on Nvidia-Intel deal, Fed rate cut https://www.channelnewsasia.com - 02:00