[Breaking] Nasdaq Soars 2.3% to Record-High Close... AI Tech Stocks Explode, AMD Surpasses $1 Trillion Market Cap
As the debate over artificial intelligence (AI) safety continues, strong buying pressure weighting AI growth potential once again flowed into Wall Street. Semiconductors and large-cap tech stocks surged, while international oil prices and U.S. Treasury yields fell together, leading all three major N
![[Breaking] Nasdaq Soars 2.3% to Record-High Close... AI Tech Stocks Explode, AMD Surpasses $1 Trillion Market Cap](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F08%2F602597%2F3f7895ea997de2b5%2Foriginal.webp&w=1920&q=75)
As the debate over artificial intelligence (AI) safety continues, strong buying pressure weighting AI growth potential once again flowed into Wall Street. Semiconductors and large-cap tech stocks surged, while international oil prices and U.S. Treasury yields fell together, leading all three major New York stock indices to close higher in unison.
■ Nasdaq Posts Record-High Close... All Three Major Indices Rise Together
In the New York stock market on the 22nd (Korea time), the Nasdaq Composite finished trading at 27,122.09, up 599.55 points (2.26%) from the previous session. The Nasdaq set a new all-time high on a closing basis. The S&P 500 index rose 114.20 points (1.49%) to 7,764.70, and the Dow Jones Industrial Average closed at 52,048.83, up 366.19 points (0.71%).
■ Strong Buying Rushes into Semiconductor Stocks... AMD Surpasses $1 Trillion Market Cap
AI once again sat at the center of the market. In particular, buying concentrated in semiconductor stocks. AMD surged about 10% on the day, pushing its market capitalization above $1 trillion, while Intel and Arm also posted double-digit gains. The Philadelphia Semiconductor Index jumped more than 4%, and Nvidia also rose. Meta soared more than 11%, adding strength to the tech stock rally.
■ Jensen Huang Says "0% Chance of AI-Caused Doomsday in 2030"... Opposes Slowing Development
Within the AI industry recently, the debate over the pace of technological development has been intensifying. As AI capabilities rapidly expand, arguments that development should be slowed to put safety measures in place are clashing with the position that safety must be secured but technological progress itself should not be delayed.
In this debate, Nvidia CEO Jensen Huang took a clear stance against calls to slow down. In a recent CBS interview, Huang put the probability of the world ending in 2030 due to AI at "0%," drawing a line against extreme AI risk theories. He stated that AI technology should be advanced as quickly as possible rather than slowing its development. However, he also emphasized that unprepared or unsafe products should not be brought to market.
On the other side, AI industry figures including Anthropic CEO Dario Amodei have warned of the potential risks of highly advanced AI, arguing that the pace of development needs to be moderated to buy time to establish safety technologies and management systems. The AI industry has effectively entered a full-fledged debate phase over "speed" versus "safety."
■ Oil Prices and Yields Fall Together... Burden on Growth Stocks Eases
At least in terms of stock price movements, the market reacted strongly to expanding AI investment on this day. Although recent safety debates had shaken investor sentiment toward tech stocks, expectations that spending on AI infrastructure and semiconductors would continue were highlighted again, drawing funds into related stocks.
Falling oil prices and Treasury yields also lent strength to the tech stock rebound. November-delivery Brent crude fell 3.4% to $100.34 per barrel, and West Texas Intermediate (WTI) dropped 4.5% to $95.78. The U.S. 10-year Treasury yield also slipped below 5%. With high oil prices and interest rates easing simultaneously, the burden on growth stocks was reduced.
■ Remaining Variables: AI Regulatory Direction, Oil Prices, and Yields
Ultimately, even as the debate over AI risks continued, the New York stock market showed a strong upward trend centered on tech stocks on this day, as investors once again turned their attention to the AI industry's growth and the potential for expanded investment. However, the future direction of the AI safety debate and regulation, along with movements in international oil prices and Treasury yields, remain key variables that will determine tech stock volatility.
[Overseas stock markets and individual stocks may see expanded volatility depending on international developments, interest rates, oil prices, corporate earnings, and other factors. This is not a recommendation to invest in any specific stock, and the final judgment and responsibility for investments rest with the investor. This article was written based on public materials, and AI provided some assistance in the writing process.]
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