Shares of semiconductor and chip companies are trading higher as risk assets enjoy a tailwind. Also, financial results and commentary from companies such as ON Semiconductor and Palantir may help support the ongoing themes of chip supply shortages and growing demand from an expansionary AI services sector.

Shares of semiconductor companies are trading lower as inflation concerns and elevated oil prices push U.S. and global bond yields higher, raising concerns that the Federal Reserve could tighten monetary policy later this month. Higher rates can weigh on growth stocks by making future profits less attractive.

Shares of semiconductor and chip companies are trading lower, possibly after Federal Reserve Chairman Warsh's comments on inflation and prices raised rate-hike concerns. The sector may be facing pressure from peer Marvell Technology, as the company pulls back after its FY28 guidance may have failed to meet investor expectations.

Nasdaq 100 Falls As Warsh Revives Rate Hike Bets: Stock Market Today

Fed Chair Kevin Warsh said underlying inflation has not improved, pushing September hike odds to 60%, lifting the 2-year yield

B of A Securities Initiates Coverage On Amkor Technology with Buy Rating, Announces Price Target of $70

B of A Securities analyst Ruplu Bhattacharya initiates coverage on Amkor Technology (NASDAQ:AMKR) with a Buy rating and announces Price Target of $70.

Shares of semiconductor and chip companies are trading lower amid rising oil prices and bond yields, prompting inflation concerns. Also, declining memory chip companies may weigh on the broader industry.

B. Riley Securities Maintains Neutral on Alpha & Omega, Lowers Price Target to $34

B. Riley Securities analyst Craig Ellis maintains Alpha & Omega (NASDAQ:AOSL) with a Neutral and lowers the price target from $38 to $34.