According to CNBC, on Thursday, chip stocks rose, with AMD (AMD.US) up over 5%, NVIDIA (NVDA.US) up over 4.8%, TSMC (TSM.US) up over 4%, and Super Micro Computer (SMCI.US) up over 1.8%. Wade Bush stated in a report that the Federal Reserve's decision to cut interest rates by 50 basis points has created a "very favorable backdrop" for risk appetite trading in large tech companies and artificial intelligence in 2025