Jesse Cohen: S&P 500 weekly gains led by tech with AI and semiconductor stocks outperforming

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Andrey Mastykin

29.05.2026

Jesse Cohen: S&P 500 weekly gains led by tech with AI and semiconductor stocks outperforming — S&P 500 boosted by tech and AI

Jesse Cohen, senior markets analyst at Investing.com, reports that the S&P 500 posted a positive week, continuing its upward streak.

Cohen highlights that technology shares, especially in AI, semiconductor, and memory segments such as MU, DELL, and ORCL, outperformed, fueled by strong data center demand and recent upgrades.

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Cohen previously reported that the Korea KOSPI index climbed 2.2 percent to a record high amid a global rally in AI and chip stocks. In an earlier note, he observed the Dow, S&P 500, and Nasdaq all closed at new record highs. The S&P 500 marked its 16th record close of 2026 in that session.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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