๐ Teradyne $TER and Marvell $MRVL each jump 4%+ premarket as semis lead Monday tech rebound
Semiconductor stocks are gapping up hard this Monday morning after the July 4 holiday break. Teradyne (TER) is up ~4% and Marvell Technology (MRVL) is up ~4.1% in premarket, with KLA and Lam Research each adding 3%+ as well. The VanEck Semiconductor ETF (SMH) is up 2.3%, and Nasdaq-100 futures are tracking +1.1% โ pointing to a strong open for tech. Are chips finally set for a fresh leg higher, or is this just a holiday-weekend gap fill? Not financial advice.