Suryaa Now News Desk: US technology and semiconductor stocks staged a recovery on Tuesday as easing crude oil prices helped improve investor sentiment. AI-linked companies, which had faced heavy selling pressure in recent sessions, regained ground as traders reassessed concerns over high artificial intelligence investment and the ability of companies to generate sufficient returns from the sector's rapid expansion. The Nasdaq Composite was trading higher, with semiconductor and data-center stocks among the notable gainers. NDTV Profit
Several major chipmakers moved into positive territory during the session. AMD gained about 1.36%, while Intel advanced 0.44% and Micron Technology rose 1.17%. CoreWeave, which operates data-center infrastructure for AI computing, climbed about 3.68%, while Seagate Technology also recorded gains. The moves came after a volatile period for AI-related shares, with investors closely watching valuations, financing requirements and the growing cost of expanding computing capacity. NDTV Profit
The improvement in market sentiment was also supported by a decline in crude oil prices. US West Texas Intermediate futures fell more than 1% to around $102 a barrel, while Brent crude declined more than 2% to roughly $106. Lower oil prices eased some pressure on equity markets, particularly as investors remain concerned about inflation, interest rates and geopolitical risks affecting energy supplies. NDTV Profit
The latest rebound follows a sharp sell-off in semiconductor stocks last week, when concerns about inflation, higher borrowing costs and the enormous spending required to build AI infrastructure weighed heavily on the sector. Investors are now turning their attention to upcoming technology earnings for signs that strong AI demand can justify current investment levels and valuations. The recovery therefore remains closely linked to corporate earnings, interest-rate expectations and developments in the global AI infrastructure market.
