Woofun AI reports that US chip stocks recovered from recent lows, driving the semiconductor ETF up approximately 1.3%. Nvidia, AMD, and Micron led the broader recovery, while the Nasdaq Composite remained nearly unchanged. This movement reflects a temporary reduction in concentrated selling pressure and leverage rebalancing.

The stabilization offered brief relief to the KOSPI and East Asian storage and equipment sectors.

However, deleveraging inertia and high volatility persist in chip assets. Upcoming earnings from Alphabet, Tesla, and Intel will test AI demand, capital expenditure, and profit realization, determining if the rebound can sustain current high expectations.