Semiconductors remain one of the equity market's most vital and volatile sectors, sitting at the center of several major investment themes, from artificial intelligence (AI) and data center spending to smartphones, autos, and broader technology demand.
Natural gas, shipping and Meta-focused ETFs led last week as Fed jitters, cold weather and sector rotation drove gains.
Micron smashed its fiscal Q4 earnings with beats across the board and positive guidance on Tuesday, which should gives bulls more room to run. However, its largest peer in the semiconductor space, Nvidia, could be heading in the opposite direction.