Chipmakers rise, software giants decline in mixed tech sector
The semiconductor sector saw significant gains, with Advanced Micro Devices (AMD) climbing 4.36% and Intel (INTC) growing 7.39%.
This growth indicates robust demand and positive sentiment towards semiconductor stocks. Micron Technology (MU) also rallied 2.47%, signaling strong underpinning for the industry.
In contrast, software giants Microsoft (MSFT) and Oracle (ORCL) declined 2.01% and 11.36%, respectively, reflecting investor caution over future growth projections.