Semiconductor and AI megacaps lift S&P 500, Nasdaq to fresh records

In New York trading, the S&P 500 and Nasdaq again reached record highs as semiconductor stocks and large AI-related technology companies advanced, even though a sharp rise in April producer prices increased inflation concerns. The inflation data added pressure to the market, but expectations around AI investment and strength in the semiconductor sector helped lift the major indexes. The move shows that buying interest in technology shares remains strong despite caution over prices. Investors are expected to keep watching both inflation indicators and the performance of major AI and chip stocks. Source: mk.co.kr