· Semiconductor & Electronics · Source: thehindubusinessline.com

Global chipmakers add $200 billion in record rally on AI frenzy

Global chipmakers’ market value surged by $200 billion amid an AI-driven rally, fueled by OpenAI’s $500 billion valuation and deals with South Korean firms. Nvidia, SK Hynix, and Samsung led gains, while Chinese AI initiatives and government support boosted tech stocks. Investors, driven by FOMO, are betting on AI growth despite stretched valuations and potential market risks.

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