Nasdaq Rises as Semiconductor Rally and Intel Gains Lift Tech Sector

Key Facts

1The Nasdaq Composite rose 0.52% to 26,935.52 in early trading Wednesday.

2Intel led semiconductor gains driven by strong demand for AI technologies.

The Nasdaq Composite rose 0.52% to 26,935.52 in early trading on Wednesday, September 30, 2026. Invezz reported that Intel led semiconductor sector gains as robust demand for artificial intelligence technologies pushed chip stocks toward their strongest monthly performance since June.

Intel shares saw positive momentum after closing at $115.93 on September 29, 2026, while NDAQ closed at $91.85 on the same date. This rally in mega-cap tech and semiconductor equities has offset broader market concerns regarding Treasury yields, driven by institutional optimism surrounding AI infrastructure growth.