# Chip stocks rally up to 6% as AI optimism lifts Nasdaq

2026-08-13T17:12:15+00:00 | World & Diplomacy | Indian Opinion Desk

Corroboration: 1 independent outlet

Chip stocks including SanDisk, AMD, Micron, SK Hynix, and Intel extended their rally with gains of up to 6% in pre-market trading, powering a surge in the Nasdaq, NDTV Profit reports. The gains came as investors continued favouring technology companies on expectations that the AI investment cycle will remain strong. The rally followed a strong session on Thursday when renewed optimism around artificial intelligence and robust technology earnings lifted the Nasdaq 100 by 1.15%.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/chips-power-nasdaq-surge-sandisk-amd-micron-sk-hynix-extend-rally-with-up-to-5-gains-11906164>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/ai-chip-trade-booms-again-sandisk-micron-intel-rally-up-to-6-pre-market-in-2nd-day-of-gains-11909942>

Tags: AI investment, Micron, Nasdaq, SanDisk, semiconductor stocks, SK Hynix
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