The US Stock Market's Semiconductor and Memory Sector Demonstrates Strong Intraday Performance, with SanDisk and AMD Both Surging Over 5%

BlockBeats News, May 28th, according to Bitget market data, the US stock semiconductor and memory sector showed strong performance during intraday trading, rebounding strongly after a slight decline. SanDisk, AMD, and Qualcomm all rose by over 5%. On the news front, ByteDance is reportedly developing custom CPUs to support AI demands, including procuring from AMD.

SanDisk (SNDK) rose by 5.7%;
Advanced Micro Devices (AMD) rose by 5.2%;

Qualcomm (QCOM) rose by 5.1%;

NVIDIA (NVDA) rose by 0.1%;
Micron Technology (MU) rose by 0.9%;

Seagate Technology (STX) rose by 2.06%;

Western Digital (WDC) rose by 2.6%.