# Nasdaq Rises 1.28% as SpaceX and Super Micro Boost AI Sentiment

> SpaceX and Super Micro Computer's strong AI results lift Nasdaq 1.28% amid tech gains.
- Title: Nasdaq Rises 1.28% as SpaceX and Super Micro Boost AI…
- Summary: SpaceX and Super Micro Computer's strong AI results lift Nasdaq 1.28% amid tech gains. Nasdaq climbed 1.28% after SpaceX's first profit and Super Micro's AI…
- Keywords: nasdaq, spacex, super micro, ai sentiment, tech stocks, dow jones, s&p 500, spacex profit, ai revenue forecast, news, india, Rises
- Source: mint — https://livemint.com/technology/nasdaq-climbs-over-1-as-spacex-super-micro-boost-ai-sentiment-11792608968085.html
- Published: 2026-10-21T18:56:07+00:00
- Read time: 1 min
- Topics: nasdaq, spacex, super micro, ai sentiment, tech stocks, dow jones, s&p 500, spacex profit, ai revenue forecast, news, india
## Nasdaq Climbs 1.28%
Nasdaq rose 1.28% to 26,762.48 after SpaceX and Super Micro Computer boosted AI investor sentiment.
## SpaceX Posts First Profit
SpaceX shares jumped 7% after Elon Musk's rocket company reported its first profit as a public company.
## Super Micro Forecasts AI Revenue
Super Micro Computer's quarterly revenue and profit margin beat Wall Street estimates, lifting HPE and Dell shares.
## AI Market Sentiment Improves
Investors gained confidence in AI after SpaceX and Super Micro Computer's results signaled resilient demand.
## Tech Sector Rebounds
The S&P 500 technology sector rose 1.3%, with chip stocks rebounding as the Nasdaq climbed 1.28%.
## Netflix Slips on Forecast
Netflix shares fell 4.5% after issuing a weaker-than-expected fourth-quarter profit forecast.
## AT&T Falls Despite Earnings
AT&T dropped 6.3% after beating quarterly estimates despite a selloff in AI-linked stocks.
## Key takeaway

Nasdaq climbed 1.28% after SpaceX's first profit and Super Micro's AI revenue forecast boosted investor confidence.