24H | Chip Stocks Rebound. SOXL, Qualcomm up over 3%; Microchip, Micron up Around 2%; Marvell, ARM, Applied Materials, ASML up over 1%

TigerMay 8, 2026 5:56 AM

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Chip stocks rebounded in overnight trading. SOXL, Qualcomm up over 3%; Microchip, Micron up around 2%; Marvell, ARM, Applied Materials, ASML up over 1%.

The Trump administration is inviting CEOs from Nvidia, Apple, Exxon, Boeing and other big companies to accompany the president on his trip to China next week, Semafor reported on Thursday.

Executives from Qualcomm, Blackstone, Citigroup, and Visa are also on the invitation list, according to the report.

A person familiar with the matter confirmed that Citigroup CEO Jane Fraser was invited. Qualcomm CEO Cristiano Amon will attend as long as the trip goes ahead as planned, said a source with knowledge of the matter.

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