Semiconductor stocks on Monday recouped a portion of the losses sustained in the previous trading session. The iShares Semiconductor ETF (SOXX) surged nearly 7% in midday trading, on track for its best single-day performance in over a year. Marvell Technology and Intel led gains within the sector, advancing more than 14% and 12% respectively.

This recovery followed a sharp sell-off on Friday, during which the iShares fund plummeted over 10%, marking its largest single-day decline since March 2020 as traders offloaded chip stocks. Despite the recent period of heightened volatility, the fund remains up more than 91% for the year 2026, with investors viewing the sector as a primary beneficiary of the ongoing artificial intelligence boom.