{"id":14818,"date":"2026-06-09T04:48:20","date_gmt":"2026-06-09T04:48:20","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?p=14818"},"modified":"2026-06-09T04:48:22","modified_gmt":"2026-06-09T04:48:22","slug":"us-stocks-rebound-ai-chipmakers","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/market-updates\/us-stocks-rebound-ai-chipmakers\/","title":{"rendered":"US stocks rebound as AI chipmakers lift Nasdaq"},"content":{"rendered":"
\"US<\/figure>\n\n\n

US stocks recovered on Monday as investors returned to technology and semiconductor shares linked to artificial intelligence, lifting the Nasdaq Composite<\/strong> by more than 1.5%<\/strong> and the S&P 500<\/strong> by about 1%<\/strong> after Friday’s sharp selloff. The rebound came despite elevated crude prices following renewed Iran Israel tensions, with traders watching this week’s US inflation data and key corporate events including Oracle<\/strong> earnings and the anticipated SpaceX<\/strong> IPO.<\/p>\n\n\n\n

Market overview<\/h2>\n\n\n\n
Index<\/strong><\/th>8 June 2026 Close<\/strong><\/th>Move & % Change<\/strong><\/th>Comments<\/strong><\/th><\/tr><\/thead>
Dow Jones Industrial Average<\/strong><\/td>above 51,000 (approx.)<\/td>about +0.3% to +0.4%<\/td>Recovered part of Friday losses; lagged tech-heavy peers.<\/td><\/tr>
S&P 500<\/strong><\/td>not specified<\/td>about +0.7% to nearly +1%<\/td>Bounced after worst daily fall since October; AI stocks led.<\/td><\/tr>
Nasdaq Composite<\/strong><\/td>not specified<\/td>about +1.1% to over +1.6%<\/td>Outperformed as AI-linked tech and chipmakers rebounded.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

    \n
  • Friday session saw the S&P 500<\/strong> snap a nine-week winning streak.<\/li>\n\n\n\n
  • Nasdaq<\/strong> had tumbled about 4%<\/strong> on Friday, pressuring high-growth tech.<\/li>\n\n\n\n
  • Stronger-than-expected US May jobs data reinforced expectations of higher-for-longer Fed rates.<\/li>\n\n\n\n
  • Monday’s gains followed a cautious open as traders reassessed the prior selloff.<\/li>\n\n\n\n
  • Treasury yields eased, with the 10-year note near 4.51%<\/strong>, down from 4.55%<\/strong>.<\/li>\n<\/ul>\n\n\n\n

    Key movers<\/h2>\n\n\n\n

    Top gainers<\/h3>\n\n\n\n
    Stock<\/strong><\/th>Sector<\/strong><\/th>Notable Factor<\/strong><\/th><\/tr><\/thead>
    Intel<\/strong><\/td>Semiconductors<\/td>Jumped over 11%<\/strong> on reports of a large Google AI chip manufacturing order.<\/td><\/tr>
    Micron Technology<\/strong><\/td>Semiconductors<\/td>Gained about 8% to 9%<\/strong> after a steep Friday drop; AI memory demand optimism.<\/td><\/tr>
    Marvell Technology<\/strong><\/td>Semiconductors<\/td>Rose about 8.8% to 13.6%<\/strong> after decision to join the S&P 500<\/strong> index.<\/td><\/tr>
    American Battery Technology (ABAT)<\/strong><\/td>Materials \/ Battery<\/td>Climbed 24.92%<\/strong> to $3.88<\/strong>; no specific driver cited.<\/td><\/tr>
    Laser Photonics (LASE)<\/strong><\/td>Industrial \/ Photonics<\/td>Advanced 23.55%<\/strong> to $3.83<\/strong>; no specific driver cited.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

      \n
    • Intel<\/strong> was linked to manufacturing about 3 million<\/strong> Google Tensor Processing Unit chips.<\/li>\n\n\n\n
    • Google is targeting production of over 6 million<\/strong> TPUs in 2027 and 2028.<\/li>\n\n\n\n
    • Reports indicated Nvidia<\/strong> has tested Intel’s manufacturing for future GPUs, with no confirmed orders.<\/li>\n\n\n\n
    • Micron<\/strong> shares have more than tripled in 2026 despite recent volatility.<\/li>\n\n\n\n
    • A widely tracked semiconductor index had risen nearly 85%<\/strong> in 2026 through last Thursday.<\/li>\n<\/ul>\n\n\n\n

      Notable laggards<\/h3>\n\n\n\n
      Stock<\/strong><\/th>Sector<\/strong><\/th>Notable Factor<\/strong><\/th><\/tr><\/thead>
      Travelers<\/strong><\/td>Insurance \/ Financials<\/td>Fell 1.28%<\/strong> as investors rotated into high-growth tech.<\/td><\/tr>
      Sherwin-Williams<\/strong><\/td>Materials<\/td>Dropped 1.29%<\/strong>; part of weaker Dow components.<\/td><\/tr>
      Salesforce<\/strong><\/td>Software<\/td>Declined 1.30%<\/strong> amid sector rotation.<\/td><\/tr>
      Microsoft<\/strong><\/td>Technology<\/td>Lost 1.09%<\/strong> despite broader tech rebound.<\/td><\/tr>
      Visa<\/strong><\/td>Payments \/ Financials<\/td>Eased 0.87%<\/strong> as cyclicals underperformed chipmakers.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
        \n
      • Several Dow components underperformed despite the broader index gain.<\/li>\n\n\n\n
      • Investors shifted exposure from defensives and financials into AI-linked semiconductors.<\/li>\n<\/ul>\n\n\n\n

        Sectoral action<\/h2>\n\n\n\n
        Sector \/ Index<\/strong><\/th>Direction (approx.)<\/strong><\/th>Key Drivers<\/strong><\/th><\/tr><\/thead>
        Semiconductors \/ AI-linked tech<\/strong><\/td>up strongly, mid to high single digits<\/td>Recovery after AI-led selloff; renewed confidence in AI demand.<\/td><\/tr>
        Energy<\/strong><\/td>up<\/td>Higher crude prices supported energy shares despite intraday oil pullback.<\/td><\/tr>
        Financials and industrials<\/strong><\/td>mixed to down<\/td>Rotation into growth and chipmakers; some Dow names weakened.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

        Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

          \n
        • The Philadelphia Semiconductor Index jumped more than 6%<\/strong> in one session.<\/li>\n\n\n\n
        • AI-related stocks had driven much of Wall Street’s 2026 rally before the recent correction.<\/li>\n\n\n\n
        • Market participants debated whether Friday’s drop signalled a broader correction or a pause.<\/li>\n\n\n\n
        • “Markets rarely move in a straight line at the pace seen since the March lows”<\/li>\n<\/ul>\n\n\n\n

          – “In our view, a correction was inevitable and ultimately healthy if this bull market is going to extend into year-end.”<\/p>\n\n\n\n

          – “” \u2014 Michael Wilson, Strategist, Morgan Stanley.<\/p>\n\n\n\n

          Technical and macro outlook<\/h2>\n\n\n\n
            \n
          • The recent two-month S&P 500<\/strong> gain was about 15%<\/strong>, a historically strong move.<\/li>\n\n\n\n
          • Analysts highlighted that such returns are rare and can trigger bubble concerns.<\/li>\n\n\n\n
          • IPO volumes remained below past cycle peaks, limiting signs of late-stage euphoria.<\/li>\n\n\n\n
          • Retail speculation was noted as below 2021 meme-stock intensity.<\/li>\n\n\n\n
          • The AI trade was described as supported by real capital expenditure and contracts.<\/li>\n\n\n\n
          • The Federal Reserve has signalled it needs sustained inflation progress before rate cuts.<\/li>\n\n\n\n
          • Wednesday’s US Consumer Price Index release is a key risk event for equities.<\/li>\n\n\n\n
          • A hotter-than-expected CPI print could challenge Monday’s risk-on sentiment.<\/li>\n<\/ul>\n\n\n\n

            Global cues and commodities<\/h2>\n\n\n\n
            Market \/ Asset<\/strong><\/th>Movement<\/strong><\/th>Notes<\/strong><\/th><\/tr><\/thead>
            Brent crude<\/strong><\/td>intraday near +4%, then about +1.2%<\/td>Briefly topped $98<\/strong> per barrel before easing to around $94.25<\/strong>.<\/td><\/tr>
            WTI crude<\/strong><\/td>up, intraday near +4%<\/td>Approached $95<\/strong> per barrel before paring gains.<\/td><\/tr>
            Japan Nikkei 225<\/strong><\/td>down 3.8%<\/td>Fell after Q1 growth was revised to 1.8%<\/strong> from 2.1%<\/strong> annualised.<\/td><\/tr>
            Shanghai Composite<\/strong><\/td>down 1.7%<\/td>Chinese equities stayed under pressure.<\/td><\/tr>
            Hang Seng Index<\/strong><\/td>down 1.2%<\/td>Hong Kong shares tracked broader Asian weakness.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

            Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

              \n
            • Iran launched missile strikes at Israel over the weekend, prompting Israeli retaliation.<\/li>\n\n\n\n
            • Tehran later signalled a halt to offensive operations, easing some immediate escalation fears.<\/li>\n\n\n\n
            • Higher oil prices have added to global inflation concerns and lifted bond yields recently.<\/li>\n\n\n\n
            • US Treasury yields dipped on Monday, supporting risk assets.<\/li>\n\n\n\n
            • European markets traded lower, reflecting caution despite the US rebound.<\/li>\n<\/ul>\n\n\n\n

              Events to watch<\/h2>\n\n\n\n
                \n
              • US CPI data on Wednesday will shape expectations for future Fed policy moves.<\/li>\n\n\n\n
              • Oracle<\/strong> is scheduled to report quarterly earnings later this week.<\/li>\n\n\n\n
              • The anticipated SpaceX<\/strong> IPO, expected this week, could be among the largest on record.<\/li>\n\n\n\n
              • Investor appetite for high-growth listings will be tested amid rate and valuation concerns.<\/li>\n<\/ul>\n\n\n\n

                FAQ<\/h2>\n\n\n\n

                Q: Why did US stocks rebound after Friday’s selloff?<\/strong><\/p>\n\n\n\n

                  \n
                • AI-linked technology and semiconductor stocks recovered sharply, lifting the Nasdaq<\/strong> and S&P 500<\/strong>, while easing Treasury yields and stabilising oil prices supported broader risk sentiment.<\/li>\n<\/ul>\n\n\n\n

                  Q: How did oil prices affect US markets on Monday?<\/strong><\/p>\n\n\n\n

                    \n
                  • Brent and WTI briefly spiked on renewed Iran Israel tensions, then eased from overnight highs; elevated crude supported energy shares but kept inflation and rate risks in focus.<\/li>\n<\/ul>\n\n\n\n

                    Q: Which stocks led the US market rally?<\/strong><\/p>\n\n\n\n

                      \n
                    • Intel<\/strong>, Micron Technology<\/strong>, Marvell Technology<\/strong>, American Battery Technology<\/strong>, and Laser Photonics<\/strong> were among the strongest gainers, driven mainly by AI-related demand and index inclusion news.<\/li>\n<\/ul>\n\n\n\n

                      Frequently Asked Questions<\/h2>\n\n\n\n

                      Why did US stocks rebound after Friday’s selloff?<\/h3>\n\n\n\n

                      AI-focused technology and semiconductor stocks rebounded sharply, easing concerns that Friday\u2019s decline marked the start of a deeper correction, while slightly lower Treasury yields and stabilising oil prices also supported risk appetite.<\/p>\n\n\n\n

                      How did oil price moves influence US markets?<\/h3>\n\n\n\n

                      Brent and WTI crude briefly spiked on Iran Israel tensions, then eased from overnight highs; the still-elevated levels supported energy stocks but kept inflation and Federal Reserve policy risks in focus.<\/p>\n\n\n\n

                      Which sectors and stocks led Monday’s US market gains?<\/h3>\n\n\n\n

                      Semiconductors and AI-linked technology led, with Intel, Micron Technology and Marvell Technology posting strong gains, alongside smaller names like American Battery Technology and Laser Photonics.<\/p>\n","protected":false},"excerpt":{"rendered":"

                      US stocks rebounded on Monday as AI-linked chipmakers like Intel, Nvidia and Micron rallied, lifting the Nasdaq and S&P 500, while oil eased from Iran-Israel driven highs ahead of key US inflation data.<\/p>\n","protected":false},"author":15,"featured_media":14821,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_ayudawp_aiss_exclude":false,"_ayudawp_aiss_summary":"US stocks recovered on Monday as investors returned to technology and semiconductor shares linked to artificial intelligence, lifting the Nasdaq Composite by more than 1.5% and the S&P 500 by about 1% after Friday's sharp selloff. AI-linked technology and semiconductor stocks recovered sharply, lifting the Nasdaq and S&P 500, while easing Treasury yields and stabilising oil prices supported broader risk sentiment. AI-focused technology and semiconductor stocks rebounded sharply, easing concerns that Friday\u2019s decline marked the start of a deeper correction, while slightly lower Treasury yields and stabilising oil prices also supported risk appetite.","_ayudawp_aiss_summary_provider":"extractive","_ayudawp_aiss_summary_hash":"3d1a3f81346485266b10d9d7de7998486625e61e","footnotes":""},"categories":[512],"tags":[],"class_list":["post-14818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"blocksy_meta":[],"uagb_featured_image_src":{"full":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner.png",1200,640,false],"thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner-150x150.png",150,150,true],"medium":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner-300x160.png",300,160,true],"medium_large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner-768x410.png",768,410,true],"large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner-1024x546.png",1024,546,true],"1536x1536":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner.png",1200,640,false],"2048x2048":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner.png",1200,640,false],"web-stories-poster-portrait":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner-640x640.png",640,640,true],"web-stories-publisher-logo":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner-96x96.png",96,96,true],"web-stories-thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/us-stocks-rebound-ai-chipmakers-banner-150x80.png",150,80,true]},"uagb_author_info":{"display_name":"Team Lemonn","author_link":"https:\/\/lemonn.co.in\/blog\/author\/yudh\/"},"uagb_comment_info":0,"uagb_excerpt":"US stocks rebounded on Monday as AI-linked chipmakers like Intel, Nvidia and Micron rallied, lifting the Nasdaq and S&P 500, while oil eased from Iran-Israel driven highs ahead of key US inflation data.","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/14818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=14818"}],"version-history":[{"count":1,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/14818\/revisions"}],"predecessor-version":[{"id":14822,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/14818\/revisions\/14822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/14821"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=14818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=14818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=14818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}