Chip stocks jumped in premarket trading. United Microelectronics up 7%; Direxion Daily Semiconductors Bull 3x Shares up 6%; ASML Holding NV up 5%; Lattice Semiconductor, Intel, KLA-Tencor, Applied Materials up 4%; Lam Research, Wolfspeed Inc., Credo Technology Group Holding Ltd up 3%; Semtech, Taiwan Semiconductor Manufacturing, ARM Holdings up 2%; Broadcom up 1%.
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