---
title: "BUZZ-AI-linked chip stocks attempt a comeback after Thursday's rout"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304626285.md"
datetime: "2026-11-06T11:11:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304626285.md)
  - [en](https://longbridge.com/en/news/304626285.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304626285.md)
generator: "portal-rs"
---

# BUZZ-AI-linked chip stocks attempt a comeback after Thursday's rout

US AI-linked chip stocks bounce back premarket after Thursday’s sharp selloff

Marvell (MRVL.O) , Applied Materials (AMAT.O) and Intel (INTC.O) up in the range of 5% to 7.4%

Nvidia (NVDA.O) up 4.3%, and peer Advanced Micro Devices (AMD.O) climbs 7.2%

Lam Research (LRCX.O) and Credo Technology (CRDO.O) among the biggest gainers, up 10.15% and 9.7% respectively

Memory-chip maker Micron (MU.O) up 8.1%

Data-storage cos Western Digital (WDC.O) and Sandisk (SNDK.O) add between 5.5% and 8.9%

About $2.5 trillion of the tech-heavy Nasdaq 100 Index’s (.NDX) market value evaporated on Thursday

“The AI story has all been about speed, and now there is a danger of it moving to a lower gear, and some of the wheels falling off,” says Dan Coatsworth, head of markets at AJ Bell, commenting on the impact of the Democratic sweep

While concerns over excessive spending were already straining the industry, the Democrats’ midterm triumph delivered the coup de grâce, triggering a steep selloff

The Philadelphia SE Semiconductor Index (.SOX) fell over 12% on Thursday, touching its lowest level in over six months

As of last close, SOX up over 27% YTD

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## Related News & Research

- [AMD Stock Has Outrun Nvidia 5X Since 2024. But There’s a Valuation Catch](https://longbridge.com/en/news/305498960.md)
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- [AMD 2027 Revenue Projected to Grow Over 80%, Stock May Challenge $700 in Next 12 Months](https://longbridge.com/en/news/305500543.md)
- [Marvell (MRVL) Stock Looks In Line After The $115b AI Deal](https://longbridge.com/en/news/305214596.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**