$Maxlinear(MXL.US) and $Sitime(SITM.US) both rose by five to seven points, while $Rambus(RMBS.US) and $BASICSEMI(09971.HK) both rose by three or four points. Clock chips, interface IPs, broadband front-ends, and power devices are all moving together.
These small-to-mid-cap semiconductor targets usually have average liquidity. Once the broader market's risk appetite loosens, their catch-up gains are typically larger than those of the leaders—$BASICSEMI(09971.HK) has just hit a 52-week high 😸
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