U.S. stocks rebound as semiconductor and AI hardware shares rally

  • U.S. stocks rebounded on Sept. 17, with technology, semiconductor and AI hardware shares leading the advance after the Federal Reserve’s prior-session rate hike.
  • The Philadelphia Semiconductor Index gained 3.03%; HPE rose 9.02% to $61.64, Super Micro gained 6.08% and Dell advanced 3.36%.
  • Lower Treasury yields and oil prices supported sentiment, while investors monitored inflation, policy signals, technology earnings and risks surrounding AI infrastructure.

U.S. stocks rebounded on Sept. 17, led by technology, semiconductor and AI hardware shares after the Federal Reserve’s 0.25 percentage point rate increase in the prior session. Intraday readings varied: as of 10:28 p.m. Taipei time, the Nasdaq Composite rose 1.66%, the S&P 500 gained 1.05%, the Dow Jones Industrial Average advanced 0.61% and the Philadelphia Semiconductor Index climbed 3.03%; a later PANews snapshot showed the Dow up 1.05%, the Nasdaq up 1.57% and the S&P 500 up 1.24%. Hewlett Packard Enterprise surged 9.02% to $61.64, while Super Micro Computer rose 6.08% to $39.09 and Dell Technologies gained 3.36% to $582.20, extending momentum in AI server and hardware stocks without company-specific news. Lower Treasury yields and crude prices supported sentiment, while investors continued to monitor inflation, policy signals, technology earnings, AI development risks and financing conditions at hyperscale data centers.

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