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Why Are NVIDIA And Other Chip Stocks Trading Higher On Monday?

Benzinga LogoBenzinga13h ago

Why Are NVIDIA And Other Chip Stocks Trading Higher On Monday? - Benzinga

Quick Summary:

Nvidia Corp (NASDAQ:NVDA) and semiconductor stocks Broadcom Inc (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Advanced Micro Devices, Inc (NASDAQ:AMD), Arm Holdings (NASDAQ:ARM), Micron Technology, Inc (NASDAQ:MU), Marvell Technology, Inc (NASDAQ:MRVL), ON Semiconductor Corp (NASDAQ:ON) surged on Monday.

The positive reaction followed the report that Beijing and Washington temporarily agreed to lower tariffs on each other’s products.

The agreement will reduce U.S.levies of 145% on most Chinese imports to 30%, while China’s 125% duties on U.S.goods will drop to ...

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 15:05:04 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 366 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28618282

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 28 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

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The story "Why Are NVIDIA And Other Chip Stocks Trading Higher On Monday?" was covered 13 hours ago by Benzinga, a news publisher based in United States.

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  • URL: https://falsifiable.beamstart.com/news/why-are-nvidia-and-other-17470627877155

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