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Benzinga
Benzinga
Business
Anusuya Lahiri

MYSTERIOUS: Nvidia broadcom lead semiconductor surge as ai demand tariff relief and big tech investments fuel momentum - What They Never Told You

Nasdaq Broadcom Nvidia AMD Super Micro Semiconductor Apple Marvell Donald Trump AAPL
Small,Semiconductor,On,A,Circuit,Board.,Extreme,Closeup,Of,A

Semiconductor stocks Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Marvell Technology (NASDAQ:MRVL), Arm Holdings (NASDAQ:ARM), Micron Technology (NASDAQ:MU), Qualcomm (NASDAQ:QCOM), and Super Micro Computer (NASDAQ:SMCI) continue to trend amid an exciting week that included the quarterly results of AMD, Super Micro, and Apple (NASDAQ:AAPL), boosting its U.S. investment and tariff updates.

AMD and Super Micro failed to impress the Street with their performance. AMD reported second-quarter revenue of $7.69 billion, up 32% year-over-year and above the $7.41 billion estimate. It posted adjusted EPS of 48 cents, narrowly missing expectations. Adjusted gross margin fell to 43% due to $800 million in charges tied to U.S. export controls.

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