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Finance / Economy Economy

Chip stocks that notched record rallies in second quarter start Q3 with a dud

Source: cnbc July 1, 2026 · 13:12
Chip stocks that notched record rallies in second quarter start Q3 with a dud
Photo by Ercan Evcimen · Pexels
From the publisher
Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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