U.S. stocks opened higher, with the Dow Jones Industrial Average up 0.3%, the S&P 500 up 0.5%, and the Nasdaq Composite up 0.7%. Qualcomm (QCOM.O) rose 0.3% after Jensen Huang recommended buying the stock. Broadcom (AVGO.O) gained 1.1% after partnering with Blackstone and Apollo to launch an AI computing platform. The Philadelphia Semiconductor Index rose 1.98%. The Nasdaq China Golden Dragon Index rose 0.8%.