Semiconductor Leaders Drive Gains

Large-cap technology stocks, with semiconductor companies among the notable movers, showed strength during the session, providing the main support for the market's advance. Chipmakers have remained a focal point for investors tracking demand linked to AI and data center hardware, where companies such as Nvidia are prominent market participants.

The rally in select large-cap technology names came as the market's broader direction tracked the performance of heavyweight sectors. The claim's underlying reporting is associated with a Reuters/Yonhap image dated September 29, 2026, indicating the session in question fell on that date.

AI Demand Continues to Anchor Chip Sector

Semiconductor shares have drawn sustained investor attention amid the buildout of AI infrastructure, with data center hardware forming a key demand pillar for the industry. Nvidia, whose data center products figure prominently in this segment, remains among the companies most closely watched by investors for signals on AI-related spending.

The gains in large-cap technology provided the primary lift to the session's overall market performance, with semiconductor names standing out among the movers.

The claim that US stocks rose on strength in semiconductor and other large-cap technology shares is True.