Why Semiconductor Stocks Broadcom, Arm Holdings, and Lam Research Rallied Today

Shares of most semiconductor stocks including sector leaders Broadcom (NASDAQ: AVGO), Arm Holdings (NASDAQ: ARM), and Lam Research (NASDAQ: LRCX) were rallying today, with these three up 5.2%, 5.3%, and 4.6%, respectively, as of 12:50 p.m. ET on Wednesday.

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