Why chip stocks are on an absolute tear today
Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BI
- Nvidia and AMD are leading big gains across the semiconductor sector on Wednesday.
- AMD surged as much as 11% after a blockbuster earnings report.
- Nvidia is getting a boost from that, and also surging after being renamed Morgan Stanley's top semi pick.
Chip stocks are rallying across the board on Wednesday, driven by a big earnings beat from AMD and Morgan Stanley naming Nvidia as a top stock pick.
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