Why Are Nvidia, Broadcom And Other Chip Stocks Soaring On Thursday?

Why Are Nvidia, Broadcom And Other Chip Stocks Soaring On Thursday?

Many tech stocks saw an increase in value recently. Nvidia (NVDA) rose by 4.02%, Broadcom Inc (AVGO) increased by 3.68%, and Taiwan Semiconductor Manufacturing Co (TSM) went up by 4.34%.

TSM is currently priced at $173.93, with a day range between $170.95 and $174.35. Over the past year, its price has varied between $133.21 and $226.4.

Other notable stocks included Advanced Micro Devices, Inc (AMD), which rose by 1.17%, and ARM Holdings (ARM), which increased by 3.19%. Micron…

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