Episode

Closing Bell Overtime: Chip Stocks Remain Parabolic 5/8/26

Podcast: Closing Bell
Published: May 8, 2026
Duration seconds: 2536
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Canonical source: https://www.cnbc.com
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Markdown: /podcast/closing-bell-5237668/closing-bell-overtime-chip-stocks-remain-parabolic-5-8-26.md

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Summary

Chip stocks extended their recent strength: Nvidia, Micron, Intel, Sandisk and more hit record highs. Tech also caught a bid. iCapital’s Sonali Basak breaks down the market action. Fairlead’s Katie Stockton on why she is calling for a breakout in Tesla. Apollo’s Torsten Slok breaks down the AI impact on the labor market – and what it means for inflation. Plus, what’s causing the recent rally in bitcoin with Pantera Capital’s Cosmo Jiang.