Chip Stocks Rally in AI Trade Revival After Plunge

By Bloomberg Television

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A rebound in chipmakers lifted stocks as dip buyers emerged amid speculation that the artificial-intelligence trade that has powered the bull market has more room to run. Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, discusses AI influence on the broader market and stronger earnings driving stock upside. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/b

Tags: AI, Bonds, Economy, Fed, Federal Reserve, Hyperscalers, Investing, Kevin Warsh, Lori Calvasina, Markets, Paul Sweeney, RBC Capital Markets, Rout, S&P 500, Strategy, Tom Keene, Trade, Treasuries, chip stocks, earnings

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