Chip stocks rebound sharply despite Nvidia turmoil
The SOXX semiconductor ETF has recovered all of last Thursday's 12% plunge, while one trader reports big gains on AMD calls.
What we know
A trader noted SOXX fell 12% last Thursday, its second-worst day since at least 2018, then closed at 155.40, 18% above that low. Another trader claims large gains on AMD calls after calling the bottom (self-reported).
Nvidia share price
$160.56 −28.6% · 3 mo
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
@twinsight_x
“Four sessions later it closed at 155.40, above its close from before that drop”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.