Why Semiconductor Stocks Taiwan Semiconductor Manufacturing, Micron, and Aehr Test Systems Rallied Today

·4-min read
Why Semiconductor Stocks Taiwan Semiconductor Manufacturing, Micron, and Aehr Test Systems Rallied Today

Shares of semiconductors were outpacing the broader markets, which were quite volatile today. Industry leaders Taiwan Semiconductor Manufacturing (NYSE: TSM), Micron Technology (NASDAQ: MU), and Aehr Test Systems (NASDAQ: AEHR) were up 2.1%, 5.5%. There wasn't any company-specific news today, but the broader semiconductor sector was up strongly, even as many other cyclical industries outside of tech were struggling.