# AI Trade Lifts Wall Street as Chip Index Jumps 3.6% and Dell, Super Micro Gain 7.5%

*2026-10-28 23:00 UTC · Business · 1 min read*

> A tech-led rally pushed the Nasdaq up 1.2% as investors looked ahead to Microsoft and Alphabet earnings and a Fed meeting.

US stocks rallied on Tuesday, led by technology. The Nasdaq rose 1.2% and the S&P 500 gained 0.6%, while the Dow was flat. The tech sector climbed 1.5% and energy fell 2%, with oil down about 1.7% and WTI below $100.

The SOX chip index jumped 3.6%, and Dell and Super Micro Computer each gained 7.5%. Boeing fell 11%, and Robinhood dropped 6% after hours. Bitcoin moved back above $80,000.

All eyes are now on Wednesday: Microsoft and Alphabet report after the close, and Amazon follows Thursday. The three hyperscalers hold nearly $1.7 trillion in combined backlog and plan to spend up to $600 billion this year. Futures put a 90% probability on the Federal Reserve holding rates at its meeting, according to Reuters columnist Jamie McGeever.

## Sources

- [ca.investing.com](https://ca.investing.com/news/economy-news/trading-day-ai-wave-lifts-all-boats-4907215)

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TechTools News · https://techtools.cz/tools/news/article/2596-ai-trade-lifts-wall-street-as-chip-index-jumps-3-6-and-dell-super-micro-gain-7-5
Česká verze: https://techtools.cz/tools/news/clanek/2670-ai-obchody-tahnou-wall-street-index-cipu-vyskocil-o-3-6-dell-a-super-micro