Technology

Alphabet, Chip Stocks Lead Tech-Fueled Market Rebound

2025-11-24 21:41
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Alphabet, Chip Stocks Lead Tech-Fueled Market Rebound

By Jack PitcherShareResizeListen(2 min)Shares of Google parent Alphabet rose more than 6% on Monday. Benjamin Fanjoy/Bloomberg NewsChip stocks and other big technology shares rallied Monday, extending...

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Google headquarters with a large colorful "G" logo in the foreground.Shares of Google parent Alphabet rose more than 6% on Monday. Benjamin Fanjoy/Bloomberg News

Chip stocks and other big technology shares rallied Monday, extending Friday’s gains and suggesting that fears of an AI bubble are receding.

Semiconductor companies Broadcom, Advanced Micro Devices AMD -4.15%decrease; red down pointing triangle and Micron Technology MU 0.27%increase; green up pointing triangle were among the big winners, while Tesla and Google parent Alphabet GOOGL 1.53%increase; green up pointing triangle both added more than 6%. A fund tracking the “Magnificent Seven” tech stocks added 3.3%, its largest increase since May.

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