AMD, Tesla among market cap stock movers on Monday
Advanced Micro Devices (AMD) surged over 9% during Monday's trading session, leading a strong broad-based rally across the semiconductor and mega-cap technology sectors. The semiconductor sector saw significant buying interest, with other major chip names including Arm Holdings posting double-digit gains of over 12%, Intel advancing more than 11%, and equipment suppliers such as Applied Materials and KLA Corporation recording solid upside momentum. Electric vehicle manufacturer Tesla also advanced over 3%, contributing to the upbeat tone across mega-cap equities. Beyond mega caps, notable strength was observed across healthcare and biotechnology, where Moderna climbed nearly 10%, as well as high-beta mid-cap and small-cap growth assets. Overall market breadth remained positive for tech equities, supported by resilient risk appetite across growth and AI-related hardware plays. The widespread rally in semiconductor stocks highlights renewed institutional demand for chipmakers and hardware infrastructure providers, signaling strong short-term bullish momentum in technology benchmarks despite broader market fluctuations.