Micron, Marvell stocks lead semiconductor bounce for second day in a row
Key takeaways
- Memory and storage maker San Disk (SNDK) also popped, along with custom chipmaker Marvell Technology (MRVL).
- The advance on Tuesday came ahead of Wednesday s Consumer Price Index (CPI) report, giving investors clues over how policymakers may react at its next meeting in June.
- What else you need to know: Semiconductor stocks have been at the center of the artificial intelligence trade this year, pushing the broader markets to all-time highs.
Micron, Marvell stocks lead semiconductor bounce for second day in a row Ines Ferré · Senior Business Reporter Tue, June 9, 2026 at 8:15 PM GMT+7 1 min read MU MRVL 000660.KS SNDK 005930.KS What happened: Micron (MU) stock jumped 4% on Tuesday, extending a rebound from the prior session. Memory and storage maker San Disk (SNDK) also popped, along with custom chipmaker Marvell Technology (MRVL).
What s behind the move: The semiconductor complex was poised for a second day of gains, recovering much of Friday s losses after a broad market sell-off sparked by fears that the Federal Reserve may have to hike rates to combat rising inflation.
The advance on Tuesday came ahead of Wednesday s Consumer Price Index (CPI) report, giving investors clues over how policymakers may react at its next meeting in June.