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via finance.yahoo.comMarkets

Micron, AMD and Nvidia lead AI stocks rebound after historic selloff

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Semiconductor shares staged an early recovery Friday, with memory and processor makers among the biggest gainers after Thursday's broad technology rout. Micron Technology (NASDAQ:MU) jumped about 7% in premarket trading, putting the…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishThe semiconductor rebound after the Nasdaq's steepest drop in 19 months matters for the whole tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Micron jumped about 7% in premarket trading.
  2. 02The Nasdaq Composite suffered its steepest daily drop in 19 months the previous day.
  3. 03Nvidia added about 4% after a 9% decline in the prior session.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Micron Technology, Inc.MUStock697.43 USD+1.55%today +6.25%Positive Advanced Micro Devices, Inc.AMDStock444.49 USD+0.68%today +9.91%Positive NVIDIA CorporationNVDAStock188.12 USD-0.33%today +3.59%Positive Broadcom Inc.AVGOStock295.23 USD-0.67%today +1.27%Positive Taiwan Semiconductor Manufacturing Company LimitedTSMStock373.98 USD+0.26%today +5.91%Positive NASDAQ CompositeINDEX:IXICIndex24,668.70+0.20%today +1.45%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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