XLK ETF Climbs 1.0%
The Wall Street darling has changed! The divergence between Broadcom and NVIDIA has intensified, with Broadcom soaring over 11% while NVIDIA has declined.
Despite the lack of support from NVIDIA, the Nasdaq Composite Index still reached a historic high on Monday. On the same day, other semiconductor stocks also performed well. Micron Technology rose over 5% before the upcoming quarterly Earnings Reports, and at one point surged over 8% during intraday trading. Marvell Technology increased by 3.3%, and Lam Research rose by more than 2%.
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