AMD's positive outlook drives U.S. stocks higher, while tech stocks show mixed performance

According to Jinshi, on Wednesday, as tech stocks rebounded, major indices rose, and the U.S. stock market expanded its gains. The S&P 500 index increased by 0.1%, supported by AMD's positive sales growth outlook, which is expected to help the benchmark index rise for the fourth consecutive trading day. Meanwhile, the Nasdaq 100 index fell by 0.1%. Matt Maley from Miller Tabak stated that investors no longer seem to be as concerned about the recurring expenses of the AI phenomenon as Michael Burry. AJ Bell's investment director Russ Mould pointed out that corrections are a healthy and necessary phenomenon in financial markets, but investors should be wary of any signs of selling.