Reported about 1 year ago
The S&P 500 closed at a record high, with Intel and Super Micro Computer stocks surging due to their AI potential. Intel, along with other 'AI Laggards' like AMD and Apple, is expected to excel in the second half of 2024, benefiting from AI-enabled PCs. Super Micro Computer's stock price tripled this year as it leads in AI server market. Paramount Global fell after a merger deal with Skydance Media, while Corning soared on robust optical connectivity product demand. Etsy and Chipotle Mexican Grill witnessed stock declines.
Source: YAHOO