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Market Impact: 0.25
NVIDIA Surges 6% as a 70% Growth Forecast Overrides a Memory Margin Warning, AMD and Intel Tick Up
Source: 247wallst.com
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The iShares Semiconductor ETF (SOXX) is up about 2% to ~$527 Thursday morning as semiconductor stocks react to NVIDIA’s post-earnings surge. The move suggests a positive near-term read-through from NVIDIA’s results to the broader chip complex, driving risk-on flows into semis.
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mildly positive
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