AI Hype, U.S.–Iran Ceasefire Drive Tech Rally in May
Rongchai Wang May 27, 2026 01:16 U.S. equities surged in May, fueled by AI infrastructure optimism and a fragile U.S.–Iran ceasefire. Semiconductors led the charge. U.S. equities saw a sharp recovery through April and early May 2026, driven by a combination of geopolitical de-escalation and renewed enthusiasm for artificial intelligence (AI) infrastructure. The rally, led...
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