Market Open: Stocks Rebound, Chip Stocks Recover, Supermarket Giants In Court 10/19/2026

• S&P 500 and Nasdaq opened higher, rebounding from their worst week since late June, as concerns over AI companies abated.
• AI investments are expected to continue, benefiting major tech companies like Microsoft, Amazon, and Google, and chipmakers such as Nvidia, Broadcom, and Micron.
• Intel shares rose 4.5% after JPMorgan upgraded the stock to 'Neutral' from 'Underweight'.
• The iShares Semiconductor ETF is up nearly 4% after nine consecutive down sessions.

Stocks opened mostly higher, rebounding from the previous week's losses, as concerns over AI company growth abated. AI investments are expected to continue, benefiting major tech and chipmaker companies, with Intel seeing an upgrade and the iShares Semiconductor ETF showing strong gains.