A Wild Ride for Chip Stocks

Core Viewpoint - The semiconductor sector is experiencing significant volatility, with notable movements in stock prices, particularly in the iShares Semiconductor ETF and individual companies like Sandisk, Micron Technology, On Semiconductor, and Western Digital [1]. Group 1: Market Performance - The iShares Semiconductor ETF increased by 1.9% [1]. - The chip stock index initially rallied at the market open but subsequently experienced a sharp pullback before making another upward push [1]. Group 2: Key Companies - Sandisk, Micron Technology, On Semiconductor, and Western Digital were highlighted as some of the top-performing stocks within the S&P 500 [1].