Nasdaq rebounds as AI stocks recover

Technology shares led Wall Street higher after several sessions of volatility, lifting the Nasdaq Composite by roughly 1.5%.

Semiconductor and AI-related companies attracted renewed buying as investors viewed recent declines as a buying opportunity. Despite concerns over elevated valuations, confidence in long-term AI spending remained intact, helping growth stocks outperform the broader market.

The recovery reinforced expectations that artificial intelligence will continue driving corporate earnings and capital investment throughout 2026.

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