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Benzinga
Benzinga
Business
Anusuya Lahiri

Nvidia, Marvell, Broadcom Bounce Back After ASML Earnings Boost Investor Confidence

Nvidia Broadcom ASML Marvell AMD NVDA Advanced Micro Devices AVGO Intel Corporation Marvell Technology
Cuban And Nvidia Highlight Explosive Employee Wealth Growth

Artificial intelligence chipmakers Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), Marvell Technology (NASDAQ:MRVL), and Super Micro Computer (NASDAQ:SMCI) rebounded on Wednesday following a brief profit-taking selloff.

This recovery was fueled by an upbeat quarterly earnings report from chipmaking equipment giant ASML Holding (NASDAQ:ASML) and renewed market optimism surrounding contract chipmaker Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) upcoming earnings, despite lingering geopolitical concerns between Washington and Beijing.

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