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Benzinga
Benzinga
Business
Surbhi Jain

Nvidia, Taiwan Semiconductor, Broadcom Drive Chip Stocks To A Golden Cross — Will History Repeat With 145% Rally?

Chips, semiconductor shutterstock_2198551397

Semiconductors are flashing gold again — literally. The VanEck Semiconductor ETF (NASDAQ:SMH) just completed a Golden Cross, a bullish technical pattern that illustrates when the 50-day moving average crosses above the 200-day.

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