NVDA come back again? YTD rebounded nearly 40%, market value $500 billion

As of January 28, $iShares Semiconductor ETF (SOXX.US)$ was up 16.99% for the 2023 year and $NVIDIA (NVDA.US)$ rebounded nearly 40% to regain its $500 billion market value, surpassing $Taiwan Semiconductor (TSM.US)$.

The   $STMicroelectronics (STM.US)$ was the second biggest STMicroelectronics, with net revenue of $4.424 bn on the back of strong demand from the automotive and industrial sectors, it beat the consensus forecast of $4.41 bn, up 24.4 percent from a year earlier and up 2.4 percent from the previous month. Looking ahead to the 23Q1 STMicroelectronics, the median guidance for the quarter is as follows: net revenue is expected to be about $4.2 billion, up 18.5% from a year earlier.