Microsoft · CNBC Technology
AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks
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In this article XLK ORCL MSFT AMD IGV Big Tech stocks capped a massive week on Friday, with shares of Oracle, Advanced Micro Devices and Microsoft posting historic gains and benchmarks.
Key facts
- The iShares Expanded Tech-Software ETF (IGV) climbed nearly 14% week-to-date, its best week since October 2001
- AMD climbed 13% this week and hit an all-time high on Thursday, climbing over 42% during a run of 13-consecutive days of gains, its longest streak in over 20 years
- The SPDR Info Tech Fund (XLK) also hit an all-time Friday for the first time since October 2025 and closed at a record level
- The fund has posted 13 straight days of gains, and had its best week since April 2025
Summary
AMD climbed 13% this week and hit an all-time high on Thursday, climbing over 42% during a run of 13-consecutive days of gains, its longest streak in over 20 years. Microsoft's rebound comes after the software giant wrapped its worst quarter since 2008 in March, where it lost almost a quarter of its value. Tesla also had a strong week, up nearly 15% as CEO Elon Musk said Wednesday that the company hit a key milestone on its AI5 chip.