Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.
Shares of artificial intelligence (AI) chipmakers like Broadcom ( AVGO 1.24%), Marvell Technology ( MRVL 0.80%), and Arm Holdings ( ARM 5.83%) rallied on Monday. At one point, they were up by 4%, 4.4% ...