US Tech 100 Surges 1.8% on Chip Rally as Dow Falls 0.3%

Midday April 24, 2026, the US Tech 100 climbed ~1.8% fueled by a semiconductor surge, while the Dow dropped ~0.3% and S&P 500 gained ~0.6%. Intel's Q1 earnings beat propelled shares up ~21.3% to all-time highs, lifting peers like AMD (+14%), Broadcom (+11%), and Nvidia (+5%). Oil's ~2.4% decline exacerbated Dow weakness due to its energy exposure. This sector-driven divergence highlights AI demand optimism and index composition risks for investors.