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'Suddenly' Semiconductor Stocks Rebound...Nvidia Shares Up 3.13%

2024.10.17 AM 06:23
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Semiconductor stocks, which plunged yesterday due to the earnings shock of Dutch semiconductor equipment company ASML, have succeeded in rebounding.


On the New York Stock Exchange, the Philadelphia Semiconductor Index, which consists of semiconductor-related stocks, rose 0.21% from the previous day, showing a break from the shock of more than 5% the previous day.

Notably, shares of semiconductor giant Nvidia rose 3.13%, approaching the $140 mark.

Nvidia's market capitalization also rose to $3.329 trillion, closely trailing Apple, which saw its stock fall 0.89% in the year.

Shares of Taiwan's TSMC and Broadcom also rose 0.19% and 0.48%, respectively, while AMD closed 0.33% lower.




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