As global economic policy shifts and artificial intelligence accelerates, the tech sector is once again leading the charge on Wall Street. A strong rally kicked off the final full week of March, fueled by a mix of tariff relief headlines from the U.S. government and new AI breakthroughs emerging out of China. With heavyweight players like Nvidia, AMD, and Meta seeing notable gains, investor enthusiasm for tech continues to rise — particularly as the sector tightens its grip on both the stock market and innovation landscape.
Tech Stocks Power Market Momentum
U.S. tech stocks surged on Monday, helping lift major indexes and reigniting investor optimism. The Nasdaq Composite rose 2.3%, driven by strong performances from several sector leaders:
- AMD stock jumped 6.9%
- Meta Platforms gained 3.7%
- Nvidia advanced 3.1%
The rally followed reports that President Trump’s administration would scale back upcoming reciprocal tariffs, easing trade tensions that had threatened to disrupt global tech supply chains. Specific industries, including automotive and semiconductors, appear set to receive exemptions or delays, giving the tech sector room to breathe — and grow.
AI Breakthroughs Reinforce Long-Term Optimism
Adding fuel to the rally was news from Ant Group, the Chinese tech conglomerate backed by Jack Ma. The company revealed that it has successfully trained cost-effective AI models using both AMD and domestic Chinese chips — a move that challenges assumptions that top-tier AI development is limited to U.S. tech giants.