semiconductor sector

SanDisk fell 1.33% as memory chip sector declined following Micron's mixed earnings reaction over CapEx concerns, though bullish technicals and Buy ratings suggest downside may be limited.

Costco recommended as buy ahead of earnings on momentum and defensive appeal; Broadcom a sell despite strong results due to valuation and semiconductor sector consolidation risks.

Intel stock rose 6.19% on strengthening AI chip demand. The company invested $350M in AI startup SambaNova and partnered strategically to capture growing inference market opportunities.

Meta deepens AI infrastructure partnership with Nvidia, boosting investment in advanced computing capabilities. The deal reflects major tech companies' accelerating spending on AI infrastructure.