Chip stocks have recovered approximately $500 billion in market value as semiconductor shares rebound and Nasdaq-100 futures climb about 1.5% ahead of Friday's opening bell. The recovery follows a sharp sell-off on Thursday, when the Nasdaq-100 plunged 6.4%.
According to Coin Bureau, citing the Financial Times, Wall Street stocks are set to stabilize on Friday after the previous session's steep decline. The rebound has been led by Micron Technology (NASDAQ: MU), whose shares gained 9.2%, while the semiconductor-focused exchange-traded fund SOXX advanced 5.9%.
Semiconductor Stocks Lead the Recovery
The reported $500 billion recovery in chip stocks' markets value marks a significant reversal following Thursday's losses. The move has been accompanied by a rise of approximately 1.5% in Nasdaq-100 futures before the opening bell, pointing to a stronger start for the technology-heavy market index.
Micron led the individual stock gains cited by Coin Bureau, rising 9.2%. The semiconductor ETF SOXX also recorded a substantial advance, climbing 5.9%. Together, the moves highlight the strength of the rebound across the chip sector rather than a recovery limited to a single company.
Rebound Follows Nasdaq-100's 6.4% Drop
The recovery comes after the Nasdaq-100 fell 6.4% on Thursday, a sharp decline that preceded the latest improvement in futures trading. The Financial Times, as cited by Coin Bureau, reported that Wall Street stocks were expected to stabilize on Friday.
The contrast between Thursday's sell-off and Friday's pre-market gains puts semiconductor shares at the center of the latest market reversal. The reported figures include a $500 billion recovery in chip-stock market value, a roughly 1.5% rise in Nasdaq-100 futures, Micron's 9.2% gain and SOXX's 5.9% advance.
Coin Bureau's market update identifies Micron as the leading stock in the rebound, while the broader semiconductor ETF also posted strong gains ahead of the U.S. market opening.
Writer: Victoria Hale Technology & Blockchain Writer
Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.
She prioritises clarity and accuracy when explaining technical developments to a general audience.
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The articles on Hokanews are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.
Hokanews isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember: crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.
