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via finance.yahoo.comMarkets

U.S. chip stocks rebound sharply in premarket after Thursday's selloff

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- U.S. chip stocks rebounded in premarket trading Friday, recovering some ground after a sweeping AI-driven selloff Thursday that followed the Democrats' midterm election victory earlier this week. Still guessing which stocks will beat the market? Our AI portfolio…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe semiconductor rebound after the Nasdaq 100's sharp drop is relevant for tech markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Nasdaq 100 suffered its worst day since April 2025 on Thursday.
  2. 02The iShares Semiconductor ETF jumped nearly 5% before the open.
  3. 03Lam Research rose over 9% and Micron 7.5% in premarket trading.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Advanced Micro Devices, Inc.AMDStock404.40 USDMarket closedtoday -17.26%Positive Lam Research CorporationLRCXStock185.20 USDMarket closedtoday -16.36%Positive Marvell Technology, Inc.MRVLStock133.55 USDMarket closedtoday -16.43%Positive Micron Technology, Inc.MUStock656.39 USDMarket closedtoday -17.46%Positive iShares Semiconductor ETFSOXXETF131.90 USDMarket closedtoday -12.15%Positive NASDAQ 100INDEX:NDXIndex26,629.81Market closedtoday -6.36%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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