The Dow Is Down While the Nasdaq-100 Soars. Blame the Chips.
Key Points Intel crushed its Q1 estimates and hit an all-time high, topping a record that stood since the dot-com era. Nvidia, AMD, and Broadcom are all surging on Intel’s news, even though none of them reported earnings or other major news today. Days like this don’t fit the Dow’s philosophy; it simply doesn’t hold ...












