AMD, NVDA, INTC, AVGO Explode Higher as US-China Trade Truce Nears - 5-Star Analyst Dan Ives Predicts Massive Tech Rebound
Chip stocks rocket as geopolitical tensions ease
The Semiconductor Surge
AMD, NVIDIA, Intel, and Broadcom shares are screaming higher amid growing optimism about a potential US-China trade agreement. The entire sector's catching fire as investors pile back into tech.
The Ives Effect
Five-star analyst Dan Ives sees this as just the beginning of a major tech renaissance. His bullish call echoes across trading floors from Wall Street to Silicon Valley - though let's be honest, most analysts would cheer if their morning coffee stayed hot.
Market Mechanics in Motion
Trade truce talks are dismantling barriers that have crushed semiconductor valuations for months. Supply chains are untangling, export controls are loosening, and suddenly everyone remembers why they loved these stocks in the first place.
The Rebound Reality
This isn't just a dead-cat bounce. The fundamentals are shifting, the sentiment's reversing, and the smart money's positioning for what could be the trade of the decade. Sometimes the market does have a memory - it just chooses when to use it.
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As Optimism returns, chipmakers are leading the rebound. Advanced Micro Devices (AMD) gained 2.7% to $259.35, Nvidia Corporation (NVDA) climbed 2.8% to $191.57, and Broadcom Inc. (AVGO) added 2.2% to $363.52. Intel Corporation (INTC) — which earns about 30% of its revenue from China — rallied 3.2% to $39.60. Memory producer Micron Technology (MU) also edged higher, rising 0.5% to $219.33.
Chip Equipment Makers Join the Rally
The recovery extended to semiconductor equipment names that had been under pressure due to their high exposure to China. Applied Materials (AMAT) rose 1.1% to $232.14, while Lam Research (LRCX) jumped 3.4% to $157.60. Design software Maker Cadence Design Systems (CDNS), which has faced fluctuating restrictions on its China operations, also gained 1.9% to $346.50.
Analysts See Potential Turning Point for Tech
Wedbush Securities analyst Dan Ives said the renewed trade talks could mark a “groundbreaking moment” for the tech sector if they lead to a lasting deal. The 5-star analyst noted that months of tariff threats and export limits have been “a heavy drag on investor sentiment,” especially for chipmakers and AI-focused companies.
Ives added that a trade agreement could “lift one of the biggest overhangs on tech,” opening the door for fresh gains across the AI, semiconductor, and software space. Other analysts share this view, saying a truce WOULD ease supply chain strain and steady chip sales to China — a key market for the industry.
With the holiday season nearing and AI demand still strong, investors believe top names like Advanced Micro Devices (AMD), Nvidia (NVDA), Intel (INTC), and Broadcom (AVGO) could build on their recent momentum if trade talks continue on a positive track.
