Tech giants surge as semiconductors lead a bullish wave

US stocks rose as technology and consumer cyclical sectors led gains, driven especially by strength in semiconductors. Micron jumped +5.09% and Advanced Micro Devices (AMD) gained +3.74%, lifting broader tech names: Apple +2.20%, Microsoft +1.66% and Google +1.87%. Consumer cyclicals such as Amazon (+1.34%) and Tesla (+1.47%) also contributed to the upbeat market tone. The report notes sector-specific weakness in Aerospace & Defense, with Raytheon Technologies down -3.27%. Overall sentiment is bullish, suggesting tactical rebalancing toward semiconductors and high-performing tech stocks as investors regain risk appetite amid easing macro worries.