Semis just ran the whole tape — pay attention.

Semis just ran the whole tape — pay attention.

Intel up 10.84%, leading the sector hard. AMD up 7%, riding the same wave. Broadcom up 6.61%, no surprise there. Nvidia up 2.56% — smallest gain in the group, still green. Semis owned Wednesday.

Oracle up 2.74%. Salesforce up 2.71%. Enterprise software quietly tagged along. Apple up 1.96% — steady, not spectacular.

Amazon down 2.32%. Only red name on the board worth talking about — UNH dropped 1.88% too, and that one's not a tech story. Healthcare selling off while everything else ran is a signal, not noise.

QQQ up 3.4% — that's a big day for tech ETFs. SPY up 1.8%. IWM up 1.85%. DIA up 1.73%. Broad rally, but QQQ carried it. VIX sitting at 16.5 — fear is down, risk appetite is up.

Gold data unavailable. Asian markets unavailable. No economic data on the calendar today.

After the close, watch ABNB — consensus estimate is $1.28 EPS. That's the name with real market weight tonight. ABX reporting too, estimate at $0.24. AAOI is a small cap with a near-zero EPS estimate — barely a rounding error, but it's on the tape. ACDC reports before the open tomorrow, negative estimate at minus $0.30. AAM and AAUAF also on the docket, no estimates available.

Wednesday belonged to semiconductors, full stop.

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