Making Financial Headlines · Page 9
Chip Shares Rediscover the Up Direction
· New York time
Micron and other chip stocks rebounded after a bruising selloff, ahead of a week featuring an Nvidia conference in Europe and Meta earnings. The recovery puts upcoming technology events back at the center of market attention. The price recovery arrives before those events deliver their next round of business information. Investors now have a busy calendar on which to hang expectations, an activity for which Wall Street has never required additional training. A sector can spend one session being treated as the future and another being asked to explain itself in the hallway. This week’s agenda offers more occasions for that conversation. The calendar has several appointments, but no slot labeled certainty.
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