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U.S. Stock Indices Rise on Friday; Qualcomm Surges 11.6% on AI Chip Strength

GateNews

2026-05-23 20:06:03

QCOM11.03%

US5000.23%

AMD4.1%

NIO-7.14%

According to Jin10, U.S. stock indices closed higher on Friday (May 23), with the Dow Jones rising 0.58%, the S&P 500 up 0.37%, and the Nasdaq Composite gaining 0.19%. Qualcomm (QCOM) led gains in the AI chip sector with a 11.6% surge, while Advanced Micro Devices (AMD) increased nearly 4%. The Nasdaq Golden Dragon China Index fell 2.2%, with NIO dropping over 7% and Baidu (BIDU) declining 2.58%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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