The upward momentum was led by Microsoft, which saw its share price climb sharply during the session. Analysts argued that the initial alarm surrounding OpenAI’s projected earnings stemmed from a fundamental misunderstanding of how the firm calculates its revenue compared to competitors like Anthropic. This correction in market sentiment suggests that institutional investors are increasingly looking past the volatility of early-stage AI reporting to focus on core platform growth. Despite the broader rally, semiconductor manufacturers failed to capture the same optimism, with shares in the sector remaining stubbornly weak as investors continued to weigh the specific hardware demands of the current AI build-out.