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Tech triumph: S&P 500 hits record high, chipmakers surge
![IndiaTimes]()
Saturday, 20 January 2024
The S&P 500 reached a record high, starting a bull market. Super Micro Computer's positive forecast boosted chip stocks, leading the Philadelphia SE Semiconductor index and the S&P 500 information technology sector index to new highs. Microsoft and Apple gained, and Taiwan Semiconductor Manufacturing Company predicted increased demand for AI chips. The market's future trajectory hinges on the upcoming corporate earnings reports.
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Saturday, 20 January 2024
