Nasdaq 100 Index rises over 1.3%

The Nasdaq 100 Index rose more than 1.3%, with component stocks Intel up 23.8%, Arm Holdings up 14.3%, AMD up 13.2%, and at least 5.2% gains for Synopsys, Qualcomm, Sandisk, and Kintex Electronics. AppLovin fell 3%, and Charter Communications dropped 22.6%.

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