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AI infrastructure stocks jump on fresh deal announcements
The rally lifted shares of multiple chip and hardware names, including Qualcomm and Corning, alongside Intel and AMD.
AI infrastructure stocks rose on Tuesday after deal announcements tied to the buildout of artificial intelligence computing infrastructure, according to CNBC Markets.
The gains pulled up a basket of companies linked to the AI hardware supply chain, with shares of Qualcomm and Corning among those that moved higher.
CNBC World also highlighted strength across other major players in the same theme, including Intel and Advanced Micro Devices, as investors responded to the new deal activity.
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