✉news TechnologySemiconductors first seen 9 h ago, last 4 min ago, peak #2
Chip and Memory Stocks Slip Premarket After October Rally
Original: INTC, AMD, MU, SNDK, SOXX: Chips, Memory Stocks Slip Premarket After Sharp October Rally
US semiconductor and memory stocks, including Intel, AMD, Micron and SanDisk, dipped in premarket trading on Wednesday after a strong rally through October. The SOXX semiconductor ETF also slipped, suggesting broad profit-taking across the sector. Traders are watching whether the pullback is a brief pause or the start of a deeper correction after last month's sharp gains in chip names.
Why now: Investors are reacting to a pullback in chip stocks following October's sharp rally, prompting debate over whether it is profit-taking or the start of a correction.
Rank over time, top of the chart is #1. 8 snapshots from 9 h ago to 4 min ago.
Evidence
- INTC, AMD, MU, SNDK, SOXX: Chips, Memory Stocks Slip Premarket After Sharp October Rally · Yahoo Finance
- INTC, AMD, MU, SNDK, SOXX: Chips, Memory Stocks Slip Premarket After Sharp October Rally · TradingView
API: https://socialmediatrends-api.osmike.com/v1/trends/1222727