From NDTV
Center-Right Owned by Adani Group (AMG Media)Nvidia, SK Hynix, SanDisk Spike Up To 7% Ahead Of AMD Earnings As Chips Rebound From Multi-Week Selloff
What's behind this
US chip stocks rebounded after a $3.7 trillion semiconductor sell‑off driven by concerns over AI spending and neocloud debt. Nvidia, AMD and Intel led the gains, while SanDisk posted the biggest jump, rising about 7.15% to $1,151.9, and AMD advanced roughly 6.14% to $496.76. Micron also rose about 4.42% to $870.48, and both Nvidia and SK Hynix spiked up to around 7% as the market recovered from a multi‑week sell‑off.
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center · 1 outlet
US chip stocks rebound as Nvidia, AMD and Intel gain after a $3.7 trillion semiconductor sell-off driven by concerns over AI spending and neocloud debt.
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right · 1 outlet
Among major chip stocks, SanDisk surged the most, up 7.15% to $1,151,9 apiece, followed by AMD, which rose 6.14% to $496.76 and Micron traded 4.42% higher at $870.48.
— NDTV
RSS excerpt
Among major chip stocks, SanDisk surged the most, up 7.15% to $1,151,9 apiece, followed by AMD, which rose 6.14% to $496.76 and Micron traded 4.42% higher at $870.48.