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NVIDIA Surges 6% as a 70% Growth Forecast Overrides a Memory Margin Warning, AMD and Intel Tick Up

Source: 247wallst.com

Company FundamentalsTechnology & InnovationAnalyst InsightsMarket Technicals & Flows
NVIDIA Surges 6% as a 70% Growth Forecast Overrides a Memory Margin Warning, AMD and Intel Tick Up

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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0.25

Ticker Sentiment

NVDA0.35
SOXX0.20

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