Chipmakers Are Soaring After a Days-Long Rout. Micron, Lam And Sandisk Jump

Source: International Business Times

Chip stocks are soaring on Thursday as they rebound from a days-long rout. Reuters Chip stocks are soaring on Thursday as they rebound from a days-long rout, boosted by Microsoft's positive results. CNBC noted that Lam Research jumped 20% and is on track for its best day in more than 25 years after posting strong earnings and positive guidance.