Analysts from Truist Securities said Microchip’s current valuation wasn’t compelling even if the company has hit bottom. “Stay on the sidelin

U.S. stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while U.S. President Donald Trump signaled upcoming talks with China would be more substantial than initially thought.

For much of the last two-and-a-half years, the evolution of artificial intelligence (AI) has dominated the discussion on Wall Street. Investors almost always have a next-big-thing trend to captivate their attention, and AI has certainly fit the bill since late 2022.