BlackBerry Climbs 0.96% to 52-Week High in Tech Rally
BB•BlackBerry shares climbed 0.96% on July 1 to reach a 52-week high, joining double-digit gains in Intel (6.01%) and AMD (7.68%) during a tech-sector rally. The uptick was driven by renewed investor interest in semiconductor and cybersecurity names as AI chip demand surged.
1. Stock Hits 52-Week High
On July 1, BlackBerry shares rose 0.96% to hit a fresh 52-week peak, outperforming many large-cap tech names. This move placed it alongside Intel’s 6.01% jump and AMD’s 7.68% surge as markets opened.
2. Sector Rally Fuels Gains
The broader semiconductor and cybersecurity sectors rallied on renewed AI-chip demand, driving heavy buying in related stocks. Investors poured into technology names anticipating further upside from artificial intelligence and enterprise security spending.
