The Surprising Chip Stock That Led the Sector into Its New Bull Run

Dow Jones08-18 18:31

Chip stocks are back in a bull market after spending just 21 days in bear market territory but the biggest riser as it came out may come as a bit of a surprise - Credo Technology.

That's where the good news ends as semiconductor companies were falling sharply ahead of the open Tuesday amid higher oil prices and bond yields. Big winners from its rapid bear market escape-Intel, Micron, Coherent and Marvell were all down more than 5%.

The PHLX Semiconductor Index, SOX, has jumped 21% since its July 29 low, through Monday's close-meeting the definition of a new bull market run. It's the sector's sharpest exit from a bear market since March 2020, and far shorter than the average 54 days, according to Dow Jones Market Data.

But the stand out star was unexpected. Credo Technology, the maker of copper cables used to connect AI servers, has surged 59% since July 29, narrowly beating optical networking company Coherent's 58% jump. Credo stock was also falling around 5% in premarket trading.

All the big names have enjoyed sizable gains over that period-Nvidia has jumped 18%, Intel has climbed 26% and Micron is up 37%.

It looks like a shaky start to life in a new bull market for the volatile sector.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2660694634?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-18 18:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2660694634","market":"us","top_or_hot":-1,"title":"The Surprising Chip Stock That Led the Sector into Its New Bull Run","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     Chip stocks are back in a bull market after spending just 21 days in bear market territory but the biggest riser as it came out may come as a bit of a surprise - <a href=\"https://laohu8.com/S/CRDO\">Credo</a> Technology. \n</p>\n<p>\n     That's where the good news ends as semiconductor companies were falling sharply ahead of the open Tuesday amid higher oil prices and bond yields. Big winners from its rapid bear market escape-Intel, Micron, <a href=\"https://laohu8.com/S/COHR\">Coherent</a> and Marvell were all down more than 5%. \n</p>\n<p>\n     The PHLX Semiconductor Index, SOX, has jumped 21% since its July 29 low, through Monday's close-meeting the definition of a new bull market run. It's the sector's sharpest exit from a bear market since March 2020, and far shorter than the average 54 days, according to Dow Jones Market Data. \n</p>\n<p>\n     But the stand out star was unexpected. Credo Technology, the maker of copper cables used to connect AI servers, has surged 59% since July 29, narrowly beating optical networking company Coherent's 58% jump. Credo stock was also falling around 5% in premarket trading. \n</p>\n<p>\n     All the big names have enjoyed sizable gains over that period-<a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> has jumped 18%, Intel has climbed 26% and Micron is up 37%. \n</p>\n<p>\n     It looks like a shaky start to life in a new bull market for the volatile sector. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Surprising Chip Stock That Led the Sector into Its New Bull Run</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Surprising Chip Stock That Led the Sector into Its New Bull Run\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-08-18 18:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     Chip stocks are back in a bull market after spending just 21 days in bear market territory but the biggest riser as it came out may come as a bit of a surprise - <a href=\"https://laohu8.com/S/CRDO\">Credo</a> Technology. \n</p>\n<p>\n     That's where the good news ends as semiconductor companies were falling sharply ahead of the open Tuesday amid higher oil prices and bond yields. Big winners from its rapid bear market escape-Intel, Micron, <a href=\"https://laohu8.com/S/COHR\">Coherent</a> and Marvell were all down more than 5%. \n</p>\n<p>\n     The PHLX Semiconductor Index, SOX, has jumped 21% since its July 29 low, through Monday's close-meeting the definition of a new bull market run. It's the sector's sharpest exit from a bear market since March 2020, and far shorter than the average 54 days, according to Dow Jones Market Data. \n</p>\n<p>\n     But the stand out star was unexpected. Credo Technology, the maker of copper cables used to connect AI servers, has surged 59% since July 29, narrowly beating optical networking company Coherent's 58% jump. Credo stock was also falling around 5% in premarket trading. \n</p>\n<p>\n     All the big names have enjoyed sizable gains over that period-<a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> has jumped 18%, Intel has climbed 26% and Micron is up 37%. \n</p>\n<p>\n     It looks like a shaky start to life in a new bull market for the volatile sector. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRDO","symbol_name":"Credo Technology Group Holding Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2660694634","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2660694634","pubTimestamp":1787049060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Chip stocks are back in a bull market after spending just 21 days in bear market territory but the biggest riser as it came out may come as a bit of a surprise - Credo Technology.That's where the good","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRDO":"Credo Technology Group Holding Ltd","SOX":"费城半导体指数","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4588":"碎股","BK4141":"半导体产品","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","BK4585":"ETF&股票定投概念","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE0009354923.USD":"JANUS HENDERSON US VENTURE \"A2\" (USD) ACC","CRDU":"Tradr 2X Long CRDO Daily ETF"},"translate_title":"引领该行业进入新一轮牛市的令人惊讶的芯片股","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/0508be594960d21e80a4ca9e7e51fc63","symbols_score_info":{"CRDO":1.96,"CRDU":0.6,"SOX":1.91},"content_text":"Chip stocks are back in a bull market after spending just 21 days in bear market territory but the biggest riser as it came out may come as a bit of a surprise - Credo Technology. \n\n\n     That's where the good news ends as semiconductor companies were falling sharply ahead of the open Tuesday amid higher oil prices and bond yields. Big winners from its rapid bear market escape-Intel, Micron, Coherent and Marvell were all down more than 5%. \n\n\n     The PHLX Semiconductor Index, SOX, has jumped 21% since its July 29 low, through Monday's close-meeting the definition of a new bull market run. It's the sector's sharpest exit from a bear market since March 2020, and far shorter than the average 54 days, according to Dow Jones Market Data. \n\n\n     But the stand out star was unexpected. Credo Technology, the maker of copper cables used to connect AI servers, has surged 59% since July 29, narrowly beating optical networking company Coherent's 58% jump. Credo stock was also falling around 5% in premarket trading. \n\n\n     All the big names have enjoyed sizable gains over that period-Nvidia has jumped 18%, Intel has climbed 26% and Micron is up 37%. \n\n\n     It looks like a shaky start to life in a new bull market for the volatile sector.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2660694634","isCrawlerRequest":true}