Shares of artificial intelligence (AI) chipmakers like Broadcom ( AVGO 1.24%), Marvell Technology ( MRVL 0.80%), and Arm Holdings ( ARM 5.83%) rallied on Monday. At one point, they were up by 4%, 4.4% ...
Chip-related stocks are pacing the S&P 500 higher Monday as the artificial-intelligence trade gains further momentum. Two factors are driving the action. To start, Foxconn issued upbeat December ...