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Stock impact report

Micron sits at the center of a red-hot chip rally [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
The Nasdaq PHLX Semiconductor Index (SOX) has climbed about 34% over its current 14-day winning streak, putting it on pace for its best 14-day run since 2002. It is also chasing a ninth straight record close, a stretch the index has not seen since 1995. That is the kind of setup that invites bubble talk. Yahoo Finance framed the move against the dot-com era and pointed to the SOX trading more than 16% above its 50-day moving average , a level BTIG's Jonathan Krinsky said has historically led to weaker short-term returns. Yahoo also highlighted how quickly several of the biggest AI-linked chip names have moved in April, including Micron, Broadcom, Nvidia , and TSMC. The better way to read the move is through Micron ( MU ). The stock gives investors a cleaner way to judge whether this rally is being pushed by speculation or by a real change in semiconductor economics. Micron's surge has come with explosive revenue, record margins, and unusually strong visibility around high-bandwidt Show less Read more
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