US chip stocks rise after steepest weekly selloff in months

US chip stocks, including Micron, have rebounded following their most severe weekly selloff in several months. This recovery occurs during a critical period for tech stocks. Nvidia is currently preparing for an upcoming European conference, while Meta is getting ready to report its earnings. The market is seeing a resurgence in semiconductor equities after a bruising period of losses, marking a significant shift in momentum for these key technology sector players during this pivotal week.