From TokenPost · · 40s
AMD and Micron Rise With Intel in Oct. 19 Premarket Chip Rebound
Chip shares rebound after selloff as Intel, AMD, and Micron gain premarket.
In brief
Chip shares rebound after selloff as Intel, AMD, and Micron gain premarket. Intel, AMD, and Micron rose 3-4% in premarket trading as chip shares rebounded after a selloff, even as Dow futures declined. Originally reported by TokenPost.
Chip Shares Rebound
Intel, AMD, and Micron gained 3-4% in premarket trading as chip shares rebounded after a selloff, even as Dow futures declined.
Intel's Earnings Ahead
Intel's third-quarter results are due after the Oct. 29 market close with an earnings call set for 5 p.m. ET.
JPMorgan Upgrade
JPMorgan upgraded Intel to Neutral with a $85 price target below its Oct. 16 closing price of $89.85.
What matters most
Intel, AMD, and Micron rose 3-4% in premarket trading as chip shares rebounded after a selloff, even as Dow futures declined.
