Overview
- The index touched an intraday record near 50,015, rising as much as 2.3% before easing late in the session.
- Broadcom, Nvidia and AMD each gained about 7%, while Super Micro jumped roughly 9.6% as beaten-down tech shares bounced.
- Software and data stocks recovered some losses after a sharp slide earlier in the week tied to AI-driven business model concerns.
- Amazon sank about 7.4% after outlining roughly $200 billion of 2026 spending plans spanning AI, chips, robotics and satellites.
- Market watchers cited a recent Anthropic Claude add-on as a trigger for the tech sell-off and warned that AI-related costs, rich valuations and geopolitical tensions could sustain volatility.