Chip stocks jumped in market trading. Semtech up 10%; Direxion Daily Semiconductors Bull 3x Shares up 8%; SanDisk Corp. up 6%; Lam Research, Astera Labs, Inc. up 5%; Western Digital, Marvell Technology, Microchip Technology, Advanced Micro Devices, Applied Materials, ON Semiconductor, Wolfspeed Inc. up 4%; Micron Technology, Intel up 3%.
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