Shares of semiconductor and chip companies are trading higher as the sector rebounds from the recent sell-off that sent the index into correction territory. NEC Director Kevin Hassett reaffirming expectations for continued data center growth and Taiwan’s efforts to stabilize its equity market provide additional support to the sector.

Shares of semiconductor and chip companies are trading higher as the sector rebounds from the recent sell-off that sent the index into correction territory. NEC Director Kevin Hassett reaffirming expectations for continued data center growth and Taiwan’s efforts to stabilize its equity market provide additional support to the sector.