Tech Stocks Rally: Nvidia, Intel, Tesla Drive Nasdaq's Upsurge

Friday, 9 August 2024, 03:08

Recent stock market activity showed a robust performance from major U.S. tech companies. Nvidia led the charge with a remarkable 6.13% increase in its stock price, closely followed by Intel's impressive 7.9% jump. Additionally, Advanced Micro Devices saw a near 6% surge, while Tesla contributed with a 3.69% rise in its shares. The overall result was a significant 3% gain for the Nasdaq index, indicating a strong recovery in the tech sector.

Livemint — Tech Stocks Rally: Nvidia, Intel, Tesla Drive Nasdaq's Upsurge

Key Highlights of the Tech Rally

The stock market recently experienced a substantial upturn driven by key players in the tech industry:

Nvidia stock price rallied 6.13%
Intel shares jumped 7.9%
Advanced Micro Devices surged nearly 5.95%
Tesla shares rose 3.69%

Conclusion

This rally contributed to a 3% increase in the Nasdaq index, reflecting a positive sentiment in the tech market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Key Highlights of the Tech Rally

Conclusion

Related posts