BUSINESSCNBC TOP
Arm, IBM and Hewlett Packard soar as Nvidia chip 'reinvention' extends software rally
Shares in Arm, IBM, and Hewlett Packard Enterprise surged ahead of Monday's market open, driven by Nvidia's chip 'reinvention' extending a software rally. The rise in software company stocks was evident before trading began.
Mentioned
Related Signal
Adjacent reporting
- These S&P 500 stocks have soared the most during the AI-driven May rally
- Snowflake surges 35% toward best day ever on AI frenzy, fueling software rally
- Chinese Chip Stocks Rise in Hong Kong on Hopes for Huawei Tech
- AMD, Micron shares surge on a big day for chip-sector outperformance
- ServiceNow’s stock soars toward historic month as AI fears fade across software
- US Futures Extend Gains After Payrolls Beat as Chip Stocks Rally