Chip stocks are rebounding after a selloff that lasted nearly two weeks. Nvidia, AMD, Intel, Micron and Sandisk all traded higher before Monday's open.
Nvidia's stock is up 2.1% ahead of the market open on Monday, as the chip sector recovers from a painful selloff that spanned nearly two weeks.
Rival Advanced Micro Devices is up 4%. Intel and Micron Technology, both major beneficiaries of AI-driven demand so far this year, are climbing 4.5% and 3.9%, respectively, in premarket action.
Sandisk is also headed for a recovery, up 5%. Meanwhile, the iShares Semiconductor ETF is up 3.8%.
Source: MarketWatch
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