The U.S. semiconductor sector experienced a significant V-shaped recovery, with several stocks reversing earlier losses to post gains. Cerebras Systems led the surge, climbing over 11%, while Micron Technology increased by more than 4%. SanDisk rose over 3%, Intel advanced nearly 2%, and both NVIDIA and TSMC turned slightly positive. Stocks that had previously faced steep declines also rebounded, with AMD narrowing its loss to under 0.5% from nearly 6%, Qualcomm reducing its decline to approximately 3.2%, and Western Digital and Coherent cutting their losses to within 2%.
U.S. Semiconductor Stocks Rebound Sharply in V-Shaped Recovery
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