Tech Stocks Rise on Strong Chip Earnings, Lower Oil Prices

Tech stocks surged as strong earnings from chipmakers like AMD were bolstered by falling oil prices linked to U.S.-Iran diplomatic progress. AMD's shares rose nearly 20%, while the Nasdaq Composite is set for a strong open.

By Gerelyn Terzo Wed, May 6, 2026 at 3:52 PM GMT+3 3 min read · Yahoo Finance ·

Tech Stocks Rise on Strong Chip Earnings, Lower Oil Prices

Tickers: $AMD $GLW $INTC $NVDA $SMCI

Topics: geopolitical_relations oil_prices semiconductors

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