Wall Street Surges as Chipmakers and AI Themes Boost Markets

Wall Street Surges as Chipmakers and AI Themes Boost Markets

Wall Street Surges as Chipmakers and AI Themes Boost Markets Wall Street saw its major indexes, including the S&P 500, hit record highs on Friday, buoyed by a strong rally in chipmaker stocks such as Broadcom, alongside investor optimism for potential interest rate reductions by the Federal Reserve this year.As technology stocks surged, many investors turned their attention towards sectors like materials and industrials. Despite a weaker-than-ex…