Artificial intelligence chipmakers saw strong momentum this week as corporate earnings, cloud computing contracts, and surging demand for AI infrastructure fueled gains across the sector.
Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Marvell (NASDAQ:MRVL), and Advanced Micro Devices (NASDAQ:AMD) were among the beneficiaries, lifted by a series of developments involving Oracle (NYSE:ORCL), OpenAI, Microsoft (NASDAQ:MSFT), and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM).
