Updated

Shares of Micron, Intel, and other semiconductor companies extended a strong comeback, according to market commentary, as investor fears about a slowdown in AI-related capital spending and the impact of recent interest-rate hikes began to subside. The rally reflects improving sentiment across the chip sector after a period of volatility tied to AI capex concerns. The move comes even as some voices, including credit-market warnings from firms like Apollo, continue to flag risks tied to hyperscaler debt financing AI infrastructure buildouts.