Chip stocks recover Monday after last week's broad semiconductor selloff

Chip stocks bounce back in US and Asia after last week's broad semiconductor selloff

Semiconductor stocks recovered Monday in both US and Asian markets following a broad selloff that hit chip-linked shares the previous week. Asian chip stocks tracked the US rebound, with major manufacturers and equipment suppliers posting gains. The recovery came without a specific catalyst, suggesting the prior selloff may have been overdone. Analysts noted the sector remains sensitive to any signals about AI hardware demand and export control policy.

Chip stocks bounce back in US and Asia after last week's broad semiconductor selloff · Noozday