US Stock Market Move | Chip manufacturer stock price rises, Intel Corporation (INTC.US) up over 4%
After Federal Reserve Chairman Powell hinted at easing monetary policy, chipmakers' stocks rose.
On Friday, after Federal Reserve Chairman Powell hinted at easing monetary policy, chip manufacturers' stock prices rose. As of the time of writing, NVIDIA Corporation (NVDA.US) rose more than 1%, Intel Corporation (INTC.US) rose more than 4%, Qualcomm (QCOM.US) rose more than 3.2%, Broadcom Inc. (AVGO.US) rose more than 2.3%, Nawai Semiconductor (NVTS.US) rose more than 3.5%, and Micron Technology, Inc. (MU.US) rose more than 3%.
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