Veytics Intelligence
2026-11-06 · Yahoo

U.S. chip stocks rebound sharply after Thursday’s brutal selloff

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Investing.com -- U.S. chip stocks rebounded in premarket trading Friday, recovering some ground after a sweeping AI-driven selloff Thursday that followed the Democrats' midterm election victory earlier this week. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The iShares Semiconductor ETF jumped nearly 5% before the open, and Nasdaq 100 futures rose 1.3%, after the index suffered its worst day since April 2025 on Thursday. Among chipmakers hit hard the previous session, Lam Research surged more than 9% in the premarket trade, Micron jumped 7.5% and Marvell rose around 7%. AMD and Applied Materials surged over 6% each, while Broadcom, Intel and U.S.

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