Chip stocks bounce after a brutal week, with Nvidia and Meta up next
Micron and other semiconductor names rebounded on Oct 19 after an eight-session slide that wiped out roughly $2 trillion. A big tech week will show whether the bounce has legs.
After a week that felt like a freefall for chip stocks, Monday brought a bounce. According to Reuters, AI-linked shares recovered on Oct 19, 2026, helped by lower government bond yields and easing crude oil prices. It is a relief, but it came after a lot of damage.
Here is the size of the hole. Reuters reports that the Philadelphia Semiconductor Index…
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