U.S. AI-linked stocks extend premarket rally on market talk
Stocks tied to the AI build-out extend gains premarket. Market talk cites renewed investor confidence after an earlier-week selloff, and UBS says AI adoption is outpacing expectations while tight supply supports the AI supply chain.
AI-linked stocks continue to rise in premarket trading as market talk around the sector persists. Investor confidence in artificial intelligence returned in the last session after an earlier selloff this week, UBS analysts wrote, saying AI adoption still exceeds expectations and signs of tight supply are supporting the AI supply chain.