AI Mania, Easing Iran Tensions Power Wall Street to Record Highs as Chip Stocks Extend Historic Surge - Tekedia

U.S. stocks hit fresh records as investors rotated back into AI and chip shares after strong AMD results.

Signs of easing Iran tensions lifted risk appetite, while Brent crude fell and eased inflation worries.

The Nasdaq, S&P 500 and Dow all advanced, with semiconductor names and data-center plays leading gains.

The rally underscores how AI spending and lower geopolitical risk are driving broader market leadership.