US chip stocks lead market rebound with Intel surging

Key takeaways
- Intel shares rose 10.6% as chip stocks fueled a strong comeback in US equities following Federal Reserve comments.
- The Nasdaq Composite climbed nearly 2% in the session driven by the sector gains.
AI insight — what it means
Intel's stock climbed sharply and helped other chip companies push the broader stock market higher. This rebound followed comments from the Federal Reserve that made investors more willing to buy tech shares.
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