Chips are running the table this morning and the rest of the market is just watching.

Chips are running the table this morning and the rest of the market is just watching.

Intel up 10.64% to 133.99 — that's the headline. AMD up 4.86% to 537.37, riding the same wave. Broadcom up 4.7% to 411.35, confirming this isn't a one-ticker story. Nvidia up 2.95% to 210.69 — the sector leader is actually the quiet one today. Amazon up 2.9% to 244.39, cloud tailwinds doing the work.

Now the red. JPMorgan down 2.47% to 325.22 — financials getting sold while tech gets bought. Salesforce down 2.09% to 151.78, no catalyst needed when rotation is this aggressive. Exxon down 2.08% to 137.81, energy losing ground as gold also pulls back 1.21%.

Semis are on fire. Everything else is a funding source.

QQQ futures up 2.51% — that's not a drift, that's a statement. SPY up 0.78%, IWM up 1.97%, but DIA down 0.15%. Dow components are the odd ones out. This is a growth and tech session, not a broad market session.

VIX data unavailable. Gold down 1.21% — risk-on positioning, money moving away from safe havens and directly into semiconductors. That's the clearest macro read of the morning.

No earnings. No economic data scheduled. Asian overnight figures unavailable.

The setup is clean: chips lead, financials and energy lag, futures confirm the direction. Saturday session means thinner volume — moves can exaggerate in both directions. Keep that in mind when reading size.

Intel's 10% print is the number everyone's watching. If it holds, it validates the move. If it fades into the close, that's a different story.

Numbers don't lie. People do. Trade accordingly.