Artificial intelligence chipmakers Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), Marvell Technology (NASDAQ:MRVL), and Super Micro Computer (NASDAQ:SMCI) rebounded on Wednesday following a brief profit-taking selloff.
This recovery was fueled by an upbeat quarterly earnings report from chipmaking equipment giant ASML Holding (NASDAQ:ASML) and renewed market optimism surrounding contract chipmaker Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) upcoming earnings, despite lingering geopolitical concerns between Washington and Beijing.
