All three major U.S. stock indices posted gains in today's session, led by the strong performance of Advanced Micro Devices (AMD) and software stocks. Investor fears regarding potential disruptions in various sectors driven by artificial intelligence seemed to ease as consumer confidence improved. The S&P 500 rose by 0.77%, while the Nasdaq climbed 1.04%. The Dow Jones Industrial Average gained 370.44 points, or 0.76%, bolstered significantly by a nearly 2% increase in shares of Home Depot, which reported better-than-expected results for the first time in a year.

AMD shares surged by 8% following Meta's announcement of a multi-year partnership with the semiconductor firm, which involves the deployment of up to 6 gigawatts of AMD's graphics processing units (GPUs) for artificial intelligence data centers. This collaboration reflects the growing demand for powerful AI solutions, mitigating previous investor anxieties surrounding the potential for AI advancements to disrupt traditional businesses. The positive market sentiment was further supported by rebounds in stocks like IBM, which had seen declines in the previous session due to identical concerns.

Overall, the day's trading results highlight not only the resilience of major tech companies like AMD but also the broader market's cautious optimism regarding the integration of artificial intelligence in various industries. This shift in investor sentiment is crucial for maintaining momentum in Wall Street's recovery, suggesting that despite uncertainties, the tech sector might continue to thrive as companies adapt and innovate in response to technological advancements.