Nvidia, Taiwan Semiconductor, Broadcom Drive Chip Stocks To A Golden Cross — Will History Repeat With 145% Rally?
1. VanEck Semiconductor ETF SMH completed a Golden Cross, indicating bullish momentum. 2. Historical patterns show SMH surged 145% after previous Golden Cross formations. 3. AVGO's recent earnings showcased accelerating AI infrastructure revenue, boosting its outlook. 4. Top holdings like Nvidia and TSM also experiencing significant growth in demand. 5. Current technical indicators suggest strong buying momentum, despite nearing overbought levels.