💻 NVIDIA Surges on AI Growth and CEO's $700M Stock Sale, While Intel and TSMC Climb Amid Strategic AI Developments and Collaborations | Tech Sector Insights
NVIDIA (NVDA) emerged as a top performer, with a notable return attributed to the CEO's sale of six million shares and a new partnership with NetApp to bolster AI capabilities.
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Tuesday, September 24
VGT [+0.7%]
The Vanguard Information Technology ETF (VGT) has seen a price increase of 0.7% today, driven by significant movements among its holdings. NVIDIA (NVDA) emerged as a top performer, with a notable return attributed to the CEO's sale of six million shares and a new partnership with NetApp to bolster AI capabilities. Apple (AAPL), Broadcom (AVGO), Salesforce (CRM), and Qualcomm (QCOM) also contributed positively, with Salesforce reaching a 16-week high amid bullish analyst sentiment and a raised price target. Qualcomm is exploring the acquisition of Intel, although analysts express skepticism regarding potential regulatory hurdles and market share implications.