Investor optimism around artificial intelligence led to a rally in technology stocks, boosting the Nasdaq and S&P 500. Companies like Nvidia and Broadcom saw significant jumps in share prices. The rally was supported by a surprise cooling in the November consumer price index report, prompting market pricing for additional rate cuts. Amkor’s shares were impacted by fears of an AI bubble after Oracle reported higher capital spending. Amkor is up 55.7% since the beginning of the year but still trading below its 52-week high. Stay informed with StockStory watchlist for timely explanations on stock movements.

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