🟢 Memory Chips ETF (QBIT.SW) is trading 3.14% up after chip stocks rebound from prolonged selloff

QBIT.SW is trading at CHF 17.10, up +3.14%, as memory-chip and semiconductor stocks rebound.

• On October 19, chip stocks recovered after a prolonged selloff, with Micron among the gainers. Lower Treasury yields and easing crude prices supported the AI-linked chip trade.
• JPMorgan’s Intel upgrade and broader analyst support lifted sector sentiment, but the move looks like a recovery—not evidence that earlier AI-spending and financing concerns have disappeared.