US Semiconductor Stocks Surge Over 6% as Buyers Return After Historic Selloff

US semiconductor stocks rebounded sharply on Friday, with the PHLX Semiconductor Index climbing approximately 6.4% as investors bought shares following Thursday's heavy selloff.
The recovery followed a roughly 12% plunge in the semiconductor index during the previous session, when concerns over AI infrastructure spending and potential regulatory restrictions triggered widespread selling.
Major chipmakers, including $NVDA, $AMD and $MU, participated in the rebound. Despite Friday's gains, the sector remained on course for substantial weekly losses, leaving uncertainty over AI investment and valuations unresolved.
The sharp reversal illustrates the volatility surrounding the AI trade, with investors reassessing the sector after one of its steepest declines in years.