The Nasdaq-100 is on track to deliver its strongest daily gain in more than a year.
納斯達克100指數有望錄得一年多以來最強勁的單日漲幅。
The index tracked by theInvesco QQQ Trust, Series 1(NASDAQ:QQQ) surged 3.5% in afternoon trading, on pace for its best session since May 2025, when the Trump administration's 90-day tariff pause with China unleashed a relief rally across global equities.
由納指100ETF-Invesco QQQ Trust（納斯達克代碼：QQQ）跟蹤的該指數在午後交易中飆升3.5%，有望創下自2025年5月以來的最佳單日表現，當時川普政府與中國達成90天關稅暫停協議，引發了全球股市的釋然性漲勢。
This time, the catalyst was another proof yet that the artificial intelligence spending boom remains alive and well.
這一次的催化劑再次證明，人工智慧支出熱潮依然強勁。
A blockbuster quarter fromMicrosoft Corporation(NASDAQ:MSFT) reassured investors that billions of dollars in AI investments are finally translating into faster cloud growth.
微軟公司（納斯達克代碼：MSFT）發佈的亮眼季度業績讓投資者放心：數十億美元的人工智慧投資終於轉化為更快的雲業務增長。
Lam Research Corporation(NASDAQ:LRCX) reinforced the same message from the other side of the AI supply chain, showing that chipmakers continue spending aggressively on the equipment needed to manufacture next-generation semiconductors.
泛林集團（納斯達克代碼：LRCX）從人工智慧供應鏈的另一端強化了相同的資訊，表明晶片製造商仍在大舉支出，以購買製造下一代半導體所需的設備。
Together, the two reports removed the biggest fears weighing on technology stocks this year: that hyperscalers would struggle to monetize AI, and that capital spending was beginning to slow.
這兩份報告共同消除了今年籠罩科技股的兩大主要擔憂：一是超大規模數據中心運營商難以將人工智慧變現，二是資本支出開始放緩。
The result was a powerful rally that spread well beyond the two companies.
結果引發了一輪強勁漲勢，其影響遠遠超出了這兩家公司。
Ten stocks delivered 308 of the 351 basis points the index gained, roughly 88% of the move from about a third of the index by weight.
十隻股票貢獻了該指數351個點子漲幅中的308個點子，約佔總漲幅的88%，而這十隻股票僅佔指數權重的約三分之一。
Chart: Nasdaq 100 Eyes Strongest Session Since May 2025
圖表：納斯達克100指數有望創2025年5月以來最強單日表現
The 10 Stocks Driving Thursday's Nasdaq Rally
推動周四納斯達克漲勢的十隻股票
10. Broadcom Inc. (NASDAQ:AVGO)climbed 4.3%, contributing 13 basis points to the Nasdaq-100 despite representing 3.02% of the index.
10. 博通（納斯達克：AVGO）上漲4.3%，儘管其在納斯達克100指數中的權重僅為3.02%，但仍為該指數貢獻了13個點子。
9. SanDisk Corporation (NASDAQ:SNDK)surged 24.5%, adding 14 basis points despite carrying just a 0.72% weight in the index. The outsized move came after the high-flying memory player had slumped more than 50% from June's highs.
9. SanDisk Corporation（納斯達克：SNDK）飆升24.5%，儘管其在指數中的權重僅為0.72%，但仍貢獻了14個點子。此次大幅上漲此前，這家表現亮眼的記憶體晶片廠商已從6月高點下跌逾50%。
8. NVIDIA Corporation (NASDAQ:NVDA)gained a more modest 2.0%, but thanks to its hefty 7.92% weight—the second largest in the Nasdaq-100—it still contributed 16 basis points to the index rally.
8. 輝達公司（納斯達克代碼：NVDA）上漲了較為溫和的2.0%，但由於其高達7.92%的權重——在納斯達克100指數中排名第二——仍為該指數的上漲貢獻了16個點子。
7. Amazon.com Inc.(NASDAQ:AMZN) rose 4.8%, contributing 20 basis points with a 4.20% index weight.
7. 亞馬遜公司（納斯達克代碼：AMZN）上漲了4.8%，憑藉其4.20%的指數權重，貢獻了20個點子。
6. Applied Materials Inc. (NASDAQ:AMAT)jumped 14.8%, adding 22 basis points despite a relatively small 1.65% weighting. The stock rallied alongside Lam Research as investors bet semiconductor manufacturers will continue investing aggressively in fabrication equipment.
6. 應用材料（納斯達克：AMAT）跳漲14.8%，儘管其權重相對較小，僅為1.65%，但仍貢獻了22個點子。該股與泛林集團一同上漲，因投資者押注半導體製造商將繼續大力投資晶圓製造設備。
5. Intel Corporation (NASDAQ:INTC)advanced 13.0%, contributing 23 basis points with a 1.96% weight. The move extended the recent momentum in semiconductor stocks as investors rotated back into the AI hardware complex.
5. 英特爾（納斯達克：INTC）上漲13.0%，憑藉1.96%的權重，貢獻了23個點子。此舉延續了近期半導體股的漲勢，因投資者重新輪動回人工智慧硬體類股。
4. Lam Research Corporationsoared 18.5%, contributing 24 basis points despite accounting for only 1.50% of the index. The chip equipment maker posted earnings and guidance that exceeded expectations, delivering its strongest trading session since March 2020 and reinforcing confidence that wafer fabrication spending remains healthy.
4. 泛林集團飆升18.5%，儘管其在指數中的佔比僅為1.50%，但仍貢獻了24個點子。這家晶片設備製造商公佈的業績和業績指引均超出預期，錄得自2020年3月以來最強勁的交易日，進一步增強了市場對晶圓製造支出保持健康的信心。
Lam Research CEOTim Archersaid AI-driven demand continues to "reshape the semiconductor industry."
泛林集團首席執行長Tim Archer表示，人工智慧驅動的需求正持續「重塑半導體行業」。
3. Advanced Micro Devices Inc. (NASDAQ:AMD)climbed 13.6%, adding 41 basis points thanks to its 3.33% weighting.
3. 美國超微公司（納斯達克代碼：AMD）攀升了13.6%，得益於其3.33%的權重，為指數增加了41個點子。
2. Micron Technology Inc. (NASDAQ:MU)rallied 18.1%, generating 62 basis points of the Nasdaq-100's gain with a 3.96% weight. Micron had fallen close to 20% over the prior four sessions on underwhelming results fromSK Hynix Inc.(NASDAQ:SKHY)
2. 美光科技公司（納斯達克代碼：MU）大幅反彈18.1%，憑藉其3.96%的權重，為納斯達克100指數的漲幅貢獻了62個點子。此前四個交易日，受SK海力士公司（納斯達克代碼：SKHY）業績不佳影響，美光科技股價已累計下跌近20%。
1. Microsoft Corporationwas by far the day's biggest driver. Shares surged 16.6%—their strongest one-day gain since October 2008—contributing 73 basis points to the Nasdaq-100 despite representing 5.00% of the index.
1. 微軟公司無疑是當日市場最大的推動力。其股價飆升16.6%，創下自2008年10月以來最強勁的單日漲幅，儘管其在納斯達克100指數中的權重僅為5.00%，卻為該指數貢獻了73個點子。
Investors cheered accelerating Azure growth and evidence that Microsoft's massive AI investments are beginning to translate into stronger earnings without another significant increase in capital spending.
投資者對Azure業務加速增長表示歡迎，並認為微軟龐大的人工智慧投資正開始轉化為更強的盈利，且無需再次大幅增加資本支出。
Microsoft CEOSatya Nadellasaid the company is helping customers "turn tokens into business results."
微軟首席執行長薩提亞·納德拉表示，公司正在幫助客戶「將代幣轉化為商業成果」。
The stock is heading for its best day since October 2008.
該股即將錄得自2008年10月以來表現最好的一天。
It added roughly $490 billion in market value, which would be the largest single-session market capitalization gain for any stock on record, surpassing the $440 billion Nvidia added during the April 2025 tariff pause.
其市值增加了約$4,900億，這將是史上單日市值增幅最大的個股紀錄，超過輝達在2025年4月關稅暫停期間增加的$4,400億。
What Comes After The Bell
盤後看點
Amazon.com andApple Inc.(NASDAQ:AAPL) report after Thursday's close, with attention on cloud capital spending at one and on hardware margins at the other, given the memory price increases now working through the supply chain.
亞馬遜和蘋果公司（納斯達克代碼：AAPL）將在周四收盤後公佈業績，市場關注前者在雲基礎設施方面的資本支出，以及後者在內存價格上漲逐步傳導至供應鏈背景下的硬體利潤率。 (Benzinga)