True
The NASDAQ composite index has reached an all-time high, propelled by a rally in AI semiconductor stocks, according to market data and an NVIDIA newsroom announcement reviewed against Federal Reserve Economic Data (FRED) charts of the NASDAQ Composite Index.
The record run reflects continued investor enthusiasm for AI semiconductor players, with NVIDIA's newsroom release cited as a key reference point in the claim. FRED chart data covering the NASDAQ Composite (NASDAQCOM) corroborates the index's upward trajectory over the period examined.
The FRED graphs, spanning from June 1 through September 22, show the NASDAQ Composite climbing to levels above any previously recorded, consistent with the claim of a historic peak. The rally has been led by semiconductor stocks tied to AI infrastructure buildout, though the available materials do not attribute specific point gains to individual companies.
The materials reviewed do not provide breakdowns of individual stock contributions or trading volumes for the session in which the record was set. Details on which AI-related names drove the largest gains beyond NVIDIA's announcement remain limited in the primary sources.
The claim that an AI semiconductor rally carried the NASDAQ to an all-time high is True.