After a significant correction last week, US chip stocks stabilized collectively on Monday, with Micron Technology recovering some of its losses. The stock rose 3.2% to close at €80,720. Lower US Treasury yields and softer oil prices relieved interest rate pressures on growth technology stocks. This rebound covered the entire semiconductor industry, rather than being a lone effort by individual stocks—market participants' willingness to buy memo…
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After a significant correction last week, US chip stocks stabilized collectively on Monday, with Micron Technology recovering some of its losses. The stock rose 3.2% to close at €80,720. Lower US Treasury yields and softer oil prices relieved interest rate pressures on growth technology stocks. This rebound covered the entire semiconductor industry, rather than being a lone effort by individual stocks—market participants' willingness to buy memo…