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Wall Street Banks Post Record Quarter as Asia AI Trade Fuels Equities Boom

  • Finance
  • Infra & Chips

Major Wall Street banks reported record second-quarter results, powered by a surge in equities trading and a broadening artificial-intelligence investment theme that has expanded beyond U.S. technology names into Asia's semiconductor and AI supply chains. JPMorgan Chase, Goldman Sachs, Bank of America and Citigroup all benefited as investors poured money into AI-linked assets across South Korea, Taiwan and Japan, lifting trading volumes and reviving investment-banking activity.

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