Semiconductor Stocks are on the Rise again!
@koolgal:
🌟🌟🌟It has been an action packed week with the US markets closing on a high note on Friday led by Big Tech. Semiconductor stocks have done well led by star performer $NVIDIA Corp(NVDA)$ up 6% today and in the past 5 days it has risen 12%. Nvidia has jumped 82% year todate and in 2023 it was up a whopping 222%. It has been an epic year for Nvidia as its share price has been sizzling hot. This is due to its specialised AI chips which are in high demand. Nvidia holds more than 95% market share in workstation Graphics Processing Units (GPUs), 94% market share in data center GPUs and more than 80% market share in AI processors. Nvidia has announced severa