US chip stocks rallied across the board in overnight trading, with the SOXL 3x Long Semiconductor ETF - Direxion surging over 9%, Arm (ARM.O) up 4%, AMD (AMD.O) and Intel (INTC.O) both rising over 3%, SanDisk (SNDK.O) up 2.8%, SK Hynix (SKHY.O) up 2.

2026-10-01

US chip stocks rallied across the board in overnight trading, with the SOXL 3x Long Semiconductor ETF - Direxion surging over 9%, Arm (ARM.O) up 4%, AMD (AMD.O) and Intel (INTC.O) both rising over 3%, SanDisk (SNDK.O) up 2.8%, SK Hynix (SKHY.O) up 2.7%, Broadcom (AVGO.O) up 1.6%, Nvidia (NVDA.O) up 1.5%, and Micron Technology (MU.O) up 1.4%.