Before the opening of the US stock market, AI stocks continue to rise.
With AI trading gaining momentum, American artificial intelligence stocks are expected to continue their rise on Thursday. A trade agreement between the United States and Taiwan confirmed that TSMC will increase its investment plans in the United States, subsequently lowering tariffs on Taiwanese products used to support the American AI economy. However, Credit Suisse analyst Ipek Ozkardeskaya suggested that the trade agreement might not be good news, as the market will focus on upcoming tech company earnings to look for any signs of accounting tricks. She wrote, "Concerns about cyclicality in AI trading, leverage, and delayed investment returns remain top of mind for investors." NVIDIA futures rose 0.8%, while Broadcom rose 1% in pre-market trading. Advanced Micro Devices rose 2.7%, and CoreWeave rose 2.3% in pre-market trading.
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