Nasdaq reportedly hits a record as chip stocks rally
A user's market briefing for September 21, 2026, lists gains of 9.9% for AMD, 12.1% for Intel and 17.1% for Arm, with AMD closing above $1 trillion in market value for the first time.
TLDR
A user's September 21, 2026, market briefing says the Nasdaq rose 2.26% to a record 27,122.09, while the S&P 500 gained 1.49% and the Dow rose 0.71%. The briefing attributes the rally to falling oil prices and renewed U.S.–China AI dialogue. It also argues that AI-agent workloads rely heavily on CPUs, broadening the AI trade beyond graphics processors.
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