Chip rebound after AI-led rout
US chip stocks are surging premarket (+5–9%) after Thursday's AI selloff, with SOX at its most oversold since the bull market began. Supply-chain issues and data-center cancellation risk linger.
What we know
An account on X lists MU +9.2%, AMD +8.3%, NVDA +5%. Kobeissi reports chips up over 6%, and another account on X flags SOX as most oversold of the bull market. Risks remain: Susquehanna sees up to 8% of planned AI data center capacity cancellable, and Zephyr cites HBM4 yield issues slowing Rubin shipments.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.