Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar

Investing.com -- Technology stocks roared back on Monday, propelled by a powerful rally in Meta Platforms and semiconductor leaders as Wall Street recognized that consumer "agentic" AI may have finally reached a mainstream tipping point. Meta Platforms (NASDAQ: META) rallied 6.5% on Monday, leading a broader market advance that lifted the Nasdaq 100 by 2.15%. The frenzy extended deep into the semiconductor sector, with CPU-linked chipmakers staging explosive gains: Arm Holdings (NASDAQ: ARM) surged 15%, Intel (NASDAQ: INTC) jumped 13%, and AMD (NASDAQ: AMD) climbed 9%. At the center of the surge is growing market optimism surrounding Meta's recently launched consumer AI assistant, Muse.