Micron and Qualcomm Among Most Overbought Stocks This Week
Micron Technology and Qualcomm are among the most overbought stocks this week, with significant gains driven by strong demand for memory chips and AI-related trades. Both stocks have surged over 20%, with RSI levels above 80, suggesting potential for a pullback. The broader market saw gains, with the Nasdaq rising over 4%.
Topics: ai_demand memory_chips rsi semiconductors stock_volatility