US Stock Market Move | Chip stocks rose, with NVIDIA Corporation (NVDA.US) up more than 2.8%.

On Wednesday, chip stocks rose. As of press time, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) increased by 0.62%, AMD (AMD.US) rose over 1%, Super Micro Computer, Inc. (SMCI.US) rose over 1.7%, and NVIDIA Corporation (NVDA.US) rose over 2.8%. On the news front, according to regulatory filings, after nearly three months of selling off shares, NVIDIA Corporation CEO Jensen Huang finally completed his pre-arranged stock sale plan, cashing in over $700 million.