๐ Chips bounce: Micron $MU +4%, AMD +2%, NVDA +1% recover after last week's $3T sector wipeout
Semiconductor stocks are clawing back in premarket this Friday after global chip names shed $3.3 trillion in market value since late June โ the catalyst was investor skepticism about ROI timelines for massive AI infrastructure spending. Micron $MU is leading the bounce (+4%), with AMD and Intel $INTC each up ~2% and Nvidia $NVDA gaining ~1%. The SOXX semiconductor ETF is up ~1.8% premarket. Not financial advice. Are you loading semis on this dip or still waiting for the dust to settle?
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