BUZZ-US chip stocks gain after Nvidia results
SOXX•Other chip names and ETFs also rise
U.S.-listed shares of Arm Holdings O9Ty.F, ARM.O and Marvell MRVL.O rise 4.5% and 5.7%, respectively; Lam Research LRCX.O gains 3.2%.
U.S.-listed shares of SK Hynix 000660.KS, SKHY.O are up 4.5% and TSMC 2330.TW, TSM.N are up 1.9%.
The iShares Semiconductor ETF SOXX.O rises 3%, and the Roundhill Memory ETF DRAM.Z is up 3.6%.
European semiconductor shares also gain, including ASML ASML.AS and BESI BESI.AS.
Chip stocks gain after Nvidia forecast
U.S. semiconductor shares gain after Nvidia NVDA.O forecast a 70% jump in revenue next fiscal year.
Intel INTC.O is up 3.1%, AMD AMD.O rises 1.6%, and Broadcom AVGO.O is up 1.8%.
