After a bruising selloff spanning nearly two weeks, the chip sector is now on the mend. Nvidia’s stock is up 2.1% ahead of the market open Monday, while rival Advanced Micro Devices is up 4%. Intel and Micron Technology, which have both been major beneficiaries of AI-driven demand this year, are climbing 4.5% and 3.9%, respectively, in premarket action. Sandisk is up 5% and the iShares Semiconductor ETF SOXX is up 3.8%.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
