The Nasdaq surged to a record-high close on Monday, lifted by gains in Advanced Micro Devices and other AI heavyweights, while Treasury yields retreated from recent highs and crude prices tumbled to an 11-day low on speculation about a potential breakthrough in Middle East talks at a UN meeting this week. Chip stocks rallied, with Intel (INTC.O), surging 12.2% and Arm Holdings up 17%. The PHLX semiconductor index (.SOX), jumped 4.3%. Advanced Micro Devices (AMD.O), rose about 10% to reach a…
