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Semiconductor Shares Rallied, With Nvidia Jumping 5%

Semiconductor shares rallied in morning trading. Arm rose over 6%; Nvidia, ASML rose about 5%; Applied Materials, Super Micro, Broadcom, AMD rose over 4%.The gains came after the Fed voted in favor of a half-point cut over a quarter-point, signaling to investors that the central bank is now ready to prioritize propping up the economy over curbing inflation.That's seen as good news for the whole market, including Nvidia and other semiconductor makers.The PHLX Semiconductor Index, a gauge tracking
Semiconductor Shares Rallied, With Nvidia Jumping 5%

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