U.S. Stocks on the Move | Chip Stocks Stage Collective Oversold Rebound in Pre-Market Trading; SanDisk (SNDK.US) Rises Over 9%

Zhitong Finance APP has learned that on Friday, chip stocks collectively rebounded from oversold levels in pre-market trading. SanDisk (SNDK.US) rose over 9%, Western Digital (WDC.US), Seagate Technology (STX.US), and Micron Technology (MU.US) rose over 7%, and SK Hynix (SKHY.US) rose 4%. Advanced Micro Devices (AMD.US) rose over 7%, TSMC (TSM.US) and ASML (ASML.US) rose over 6%, and Broadcom (AVVGO.US), Intel (INTC.US), and Nvidia (NVDA.US) rose over 4%.