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FinanceChip stocks rebound, lifting Nasdaq as AI bubble fears ease
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On July 20, 2026, chip stocks regained ground, boosting the Nasdaq as investors appeared to set aside AI bubble anxieties. The gains occurred despite Alibaba previewing a new artificial-intelligence model, marking the second time in a week that China demonstrated advances in AI. Major winners included Micron Technology, Sandisk, and Seagate Technology, all of which had fallen by double digits the previous week. The article, published by Yahoo Finance and sourced from the Wall Street Journal, reflects a positive market sentiment at the start of the trading week.
Source report
Michael Nagle/Bloomberg News
By Caitlin McCabe
Investors are beginning the trading week with renewed confidence, as concerns over an AI bubble appear to have faded, driving gains in chip stocks.
The rally comes despite Alibaba unveiling a preview of its new artificial-intelligence model — marking the second time in a week that China has demonstrated its growing capabilities in AI.
Among the biggest winners today are stocks that suffered double-digit declines last week, including:
- Micron Technology
- Sandisk
- Seagate Technology
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Source
Yahoo FinanceWestern
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Chip Stocks Rebound, Lifting Nasdaq Amid Eased AI Bubble Fears