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📈Chipmakers Explode on July 1 — AMD +7.7%, Sandisk +10.9%, Nasdaq Closes Up 1.5%

Semiconductor stocks went wild to kick off Q3: AMD surged 7.7%, Intel gained 6%, Sandisk spiked 10.9%, and Nvidia added 2.6% on July 1. The Nasdaq closed up 1.52% and the S&P 500 added 0.52%, capping a monster Q2 where the Nasdaq soared 20% and the S&P 500 gained 14%. Fed Chair Kevin Warsh was also speaking at the ECB Forum in Sintra, with markets watching closely for any rate-policy signals. Not financial advice. Is the chip rally sustainable or priced to perfection right now?

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