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Semiconductor Stocks Rally as Allegro’s Q4 Beat Ignites AMD, Nvidia and Marvell

Semiconductor Stocks Rally as Allegro’s Q4 Beat Ignites AMD, Nvidia and Marvell

Shares of Allegro MicroSystems (NASDAQ:ALGM) led a broad rally in chip stocks Thursday after the company’s fourth?quarter results topped forecasts.

ALGM soared more than 12%, buoying equipment names as well. Veeco Instruments (NASDAQ:VECO)…

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https://finance.yahoo.com/news/semiconductor-stocks-rally-allegros-q4-215636493.html

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