Nvidia, AMD, Broadcom Stocks Climb -- ASML Earnings Spark AI Chip Rally

Oct 15 - Major AI-focused chip names regained footing Wednesday after an upbeat quarter from lithography leader ASML Holding ASML, lifting sentiment across the sector.

Nvidia NVDA, Broadcom AVGO, Advanced Micro Devices AMD, Marvell MRVL and Super Micro Computer SMCI all climbed as investors pared earlier profit-taking. Nvidia traded about 2% higher, while ASML and Taiwan Semiconductor Manufacturing Co. TSM each rose about 4%.

ASML posted stronger-than-expected third-quarter results with net bookings of 5.4 billion and net sales of 7.5 billion; net income reached 2.1 billion and gross margin stood at 51.6%. The company sees fourth-quarter sales between 9.2 billion and 9.8 billion and forecasts roughly 15% sales growth for full-year 2025.

Taiwan Semiconductor looks poised for another robust quarter, with analysts eying roughly $31.5 billion in revenue and management flagging continued strength after a 44% year-over-year revenue jump in the prior quarter.

The trading bounce also reflects large-scale AI spending plans and fresh vendor deals, including multimarket tie-ups that aim to scale GPUs, custom silicon and system-level offerings.

Still, traders remain watchful for geopolitical risks and upcoming earnings that could reset momentum.