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NASDAQ:RVLV 30 December 2025

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  • SMH ETF Hits New High on Strong AI Chip Stock Rally
    June 15, 2026, 1:18 PM EDT. VanEck Semiconductor ETF (SMH) surged to over $646 on Monday, marking continued strength in AI chip stocks following last week's rally. Key players like Lam Research, Marvell Technology, Arm, ASML, and Kulicke & Soffa extended gains, driven by rising demand for semiconductor equipment and AI infrastructure. The Philadelphia Semiconductor Index climbed 4.5%, led by Nvidia (+3%) and Micron (+9.2%). SMH has surged 72% year-to-date, tracking the MVIS US Listed Semiconductor 25 Index, reflecting investor optimism on AI-driven growth. Strong quarterly earnings from Lam Research and Marvell boosted sentiment. Lam reported $5.84 billion revenue with record EPS, while Marvell cited exceptional AI bookings and upgraded its outlook. Despite enthusiasm, investors remain cautious about sustained demand from cloud customers and chipmakers.

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GE Vernova Stock Rebounds as AI Power Demand Keeps Electrification in Focus

GE Vernova Stock Rebounds as AI Power Demand Keeps Electrification in Focus

15 June 2026
GE Vernova surged 3.6% to $974.82 as investors returned after May’s 10.6% drop, driven by $2.4 billion in first-quarter data-center equipment orders and 71% organic order growth, but high expectations and concerns over data-center resistance and project disputes keep the stock sensitive to execution and profitability.
Alphabet Gains, Google Stock Nears $500 Mark

Alphabet Gains, Google Stock Nears $500 Mark

15 June 2026
Alphabet shares jumped 3.16% to $371.03 as investors weighed record AI infrastructure spending against surging Cloud growth and a 22% revenue gain; analysts remain split, with 12-month price targets ranging from $220 to $515, as Alphabet’s $84.75 billion capital raise and projected $180–$190 billion in 2026 capex fuel debate over whether AI investments will boost or pressure future stock performance.
SMH Hits Another High as AI Chip Stocks Rally Beyond Nvidia

SMH Hits Another High as AI Chip Stocks Rally Beyond Nvidia

15 June 2026
SMH soared 4.2% to $646.27 midday Monday, extending its record run as investors piled back into AI-linked chip stocks after last week’s pullback; Lam Research, Marvell, Arm, ASML, and Kulicke & Soffa all advanced, driven by strong AI demand and recent upbeat results, but expectations remain high after SMH’s 72% year-to-date surge.
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