AMDC is trading 3.1% higher in pre-market on July 29 as the intense selling pressure on semiconductor stocks begins to subside.
- The rebound follows several days of sharp declines tied to a global semiconductor rout and concerns regarding the sustainability of AI infrastructure spending.
- While broader market futures are mixed ahead of the FOMC statement, the easing of the severe selloff seen on July 28 is helping leveraged semiconductor exposures recover.
- Traders are currently reassessing sector risk, providing a lift to chip-related instruments after the recent volatility.