Why Nvidia, Broadcom, and Other Artificial Intelligence (AI) Stocks Rallied This Week
With that as a backdrop, semiconductor specialist Broadcom (NASDAQ: AVGO) soared 20.7% this week, AI chip specialist Nvidia (NASDAQ: NVDA) surged 17.1%, and database and AI cloud provider Oracle (NYSE: BBAI) climbed 13.9%, as of 2:57 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.