Chip Stocks Rebound on Easing Economic Concerns, AI Demand Optimism

Chip stocks, including Nvidia, AMD, and Broadcom, rebounded on Thursday after experiencing losses earlier in the week due to economic concerns and rumors of delays in Nvidia`s new chip launch. The surge followed a positive jobless claims report, which alleviated some economic anxieties. Despite recent market volatility, analysts remain optimistic about the long-term prospects of chip stocks, particularly Nvidia, citing the increasing demand for artificial intelligence. They suggest that the recent dip may present a buying opportunity for investors.