Chip stocks rallied in overnight. SanDisk and Direxion Daily Semiconductors Bull 3x Shares rose 5%; Micron Technology and Western Digital rose 4%; ARM Holdings and Seagate Technology rose 3%; Marvell Technology, TSMC, Intel, Super Micro Computer, AMD, and Nvidia rose 2%; VanEck Semiconductor ETF, ASML, and Broadcom rose 1%.
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