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Gate Stocks Analysis: Chip Stocks Rally, Microsoft Earnings Announced
World markets rose yesterday, led by the Nasdaq as chip stocks rallied. SK Hynix and Samsung Electronics gained 10.88% and 9%, respectively, while Microsoft and Alphabet are expected to report earnings after the close. Asian markets closed higher, with Jio Platforms' record IPO in India triggering a temporary trading pause. Oil prices fell on hopes for Iran peace talks.