Overnight, U.S. stock markets closed strongly, with the Nasdaq index setting another all-time high. The Philadelphia Semiconductor Index achieved a 16-consecutive-day rise, setting a rare historical record in the sector. Top global tech giants maintained a strong upward trend, supporting the overall prosperity of the U.S. stock market.
Global AI demand continues to explode, driving the continuous price increase of semiconductor chips, high-end manufacturing and cloud computing enterprises. Major tech giants released sound quarterly financial reports, with steady revenue and profit growth, fully demonstrating the strong resilience of the technology industry. Improved geopolitical sentiment has also further boosted global market risk appetite.

Nevertheless, there are still differentiated performances in the market, and some traditional enterprises are under pressure due to poor earnings. Market analysts said that driven by the AI technological revolution, the global digital industry is entering a new growth cycle. Semiconductors, artificial intelligence, smart manufacturing and other high-growth tracks will remain the focus of global capital allocation in the future.