Shares of artificial intelligence (AI) chipmakers like Broadcom (NASDAQ: AVGO), Marvell Technology (NASDAQ: MRVL), and Arm Holdings (NASDAQ: ARM) rallied on Monday. At one point, they were up by 4%, 4 ...
The VanEck Semiconductor ETF (NASDAQ: SMH), a sector benchmark, plunged from an all-time high above $280 to test crucial support near $200. This steep drop fueled fears of a prolonged downturn.