Tech Stocks Rebound

Technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session. European chip stocks mostly steady, with some edging higher. The recovery followed a bruising session on Wall Street, where technology stocks extended a global selloff that began in Asia a day earlier. Technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session.

52%. The two memory stocks has tumbled 13% in Tuesday trading. 7% higher in premarket trade. The recovery followed a bruising session on Wall Street on Tuesday, when technology stocks extended a global selloff that began in Asia a day earlier.

2%, and the Philadelphia Semiconductor Index slid as investors dumped chipmakers and AI-linked stocks. Intel, Advanced Micro Devices and Qualcomm each lost more than 5%. 98%. Both stocks plunged over 12% in the previous session.

26%. 38%. 29%. 19%.

Chinese technology stocks also delivered mixed results. 65%. European chip stocks were mostly steady, with some edging higher. 2%.

72%. Wedbush Securities' Dan Ives said recent channel checks across Asia and enterprise AI demand trends showed "no cracks in the armor," arguing that the selloff in South Korean technology stocks was more likely a pause after a near 100% rally in the Kospi this year, rather than a sign of weakening fundamentals. CNBC's Kai Nicol-Schwarz contributed to this report.