Nvidia, AMD and other chip stocks rebound. Is the ‘violent’ AI selloff over?

MarketWatch · Hannah Pedone · 2026-11-06 15:48 UTC

Analysts warn of further volatility ahead, though there are two new factors that work in the AI trade’s favor

Analysts warn of further volatility ahead, though there are two new factors that work in the AI trade’s favor

Shares of key chip companies were rebounding on Friday from the sector’s worst selloff in six years.

Shares of Micron Technology MU, Nvidia NVDA and Intel INTC were up more than 5% shortly after the open, while shares of Advanced Micro Devices AMD were up 11%. Shares of Sandisk SNDK were up 7% and Broadcom’s stock AVGO was up 4%.

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