Rambus shares are trading lower after Evercore ISI Group lowered its price target on the stock from $172 to $160.

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.

QUICK SPARK: Semiconductor Traders Get New 2X ETFs on Everspin, SiTime and UMC

Tradr launches 2X leveraged semiconductor ETFs targeting Everspin Technologies, SiTime and UMC, expanding its lineup to 75 funds.

Shares of fabless semiconductor companies are trading higher after AI cloud providers CoreWeave and Nebius reported better-than-expected Q2 results and server and storage maker Super Micro Computer reported better-than-expected Q4 financial results, all of which may help bolster the demand outlook for the sector.

Chip Stocks Find Buyers After Earnings Shock Shakes Out AI Trade

Chip stocks attempt to stabilize after AI trade volatility. Rate pause hopes and strong AI demand offset recent earnings guidance jitters.