US stocks are rising higher while chip stocks are doing well

Wall Street’s major indexes rebounded Thursday after a two-day slide, thanks to a chip-led rally fueled by TSMC’s blockbuster results, as investors sifted through earnings from Morgan Stanley and Goldman Sachs to wrap up the big banks’ reporting season.Chip stocks like Nvidia rose 2%, while Broadcom and Micron rose 1.4% and 1.9%, respectively. Chip manufacturers […]