The NYSE FANG+ index is headed for its best week in one year. Semiconductor maker AMD is up 17.8% week to date, headed for its best week since July 24, 2020, when AMD jumped 26.1%. Facebook-parent Meta advanced 12.3% this week, on pace for its best week since Feb. 3, when the social media stock gained 22.9%. AMD 5D mountain AMD shares 5-day Microsoft shares are 11.4% higher week to date, headed for its best week since Nov 11, 2022 when the Xbox maker jumped 11.6%. Amazon shares are up 10% this week, headed for its best week since Jan. 13, when AMZN soared 14%.

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