The three major U.S. stock indexes opened higher, with Intel leading chip stocks with a 5.2% increase.

The three major U.S. stock indexes opened higher, with the Dow Jones up 0.1%, the S&P 500 Index up 0.3%, and the Nasdaq up 0.5%. Meta Platforms (META.US) rose 1.6%, as Citigroup included Meta in its 90-day upside catalyst watchlist. Apple (AAPL.US) gained 0.6% following reports that it is developing enterprise-grade servers using its own chips. Nvidia (NVDA.US) was up 0.9%, Intel (INTC.US) gained 5.2%, and SK Hynix (SKHY.US) rose 3%.