The Nasdaq 100 is currently on a record course, primarily driven by positive news from the chip industry, which has particularly boosted technology stocks. Recently, the Nasdaq 100 rose by about 1.5% to over 22,190 points, achieving its first closing record since February 2025.
Drivers from the Chip Industry
A key driver is chip stocks like NVIDIA, whose share prices have reached new all-time highs after strong rallies. For instance, NVIDIA surpassed a market capitalization of over 4 trillion US dollars for the first time in early July and is still regarded as a highly promising stock by analysts. This development signals strong growth potential in the semiconductor and technology sector.
Impact on the Market
The positive impulses from the chip industry are significantly affecting the overall technology and stock market: the rising prices in the Nasdaq 100 reflect confidence in technological innovations and could attract further investments in this sector. Moreover, it is expected that the Fed might soon implement interest rate cuts in light of stable inflation data, which would also support the stock market.
In summary:
- Nasdaq 100 reaches record levels, driven by strong technology stocks.
- Chip stocks like NVIDIA are rising significantly and setting new highs.
- Positive news from the sector strengthens confidence in the technology sector.
- Expected interest rate cuts could further support the rally.
Together, these factors indicate that the record chase of the Nasdaq 100 could continue with far-reaching implications for the technology sector and the overall stock market.