Tech Stocks Surge As Investors Eye Fed Rate Cut

rose Tuesday, amid growing confidence that the Federal Reserve will end its latest policy-setting meeting with a hefty interest rate reduction.) stock rose 6.7% after the US semiconductor group said that its contract manufacturing unit had signed a deal to make custom artificial intelligence chips for) stock rose 1.6% after the software giant’s board approved a new share buyback program worth up to $60 billion and raised its dividend.) stock fell 3.

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