Why Broadcom’s stock is leading the chip sector’s rally on Wednesday

1. Oracle predicts significant growth in its cloud business and AI sector. 2. Wall Street views Oracle's numbers as a sign of ongoing AI enthusiasm. 3. Broadcom's CEO's AI revenue targets may benefit Oracle's stock indirectly. 4. Oracle's spending is positive for AI suppliers like Nvidia and Arista Networks. 5. Broader semiconductor stocks show gains, reflecting optimism in AI market.