Chip stocks bounced 10% on Monday. The smart money is buying insurance against the next drop.

Micron surged 10% on Monday after losing 13% on Friday. Marvell jumped 9% on news of its addition to the S&P 500. The semiconductor sector bounced back from its worst single-day rout since 2020, when the Philadelphia Semiconductor Index fell roughly 10.3% and erased over $1.3 trillion in market value. But one corner of the […]

This story continues at The Next Web

from LatestTechyTalks