Blockbuster chipmaker earnings from around the globe are giving US tech stocks a boost

Spencer Platt/Getty Images

• Tech stocks rallied on Wednesday as investors took in good news in the chips sector.
• China gave the green light for Nvidia to sell chips, & strong earnings also boosted the sector.
• Investors are awaiting mega-cap earnings from Tesla, Meta, and Microsoft after the close.

The AI trade is on fire on Wednesday.

Earnings from international chip makers have sparked a fresh rally in US tech stocks, helping to power the market to fresh records.