Shares of semiconductor and chip companies are trading higher as oil prices and bond yields retreat, helping the sector continue its May rally. Also, investors may be increasing their exposure ahead of Nvidia Q1 financial results later today.

Astera Labs
Applied Materials
Ambarella
Advanced Micro Devices, Inc.
Arm Holdings

Astera Labs

ALAB

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Applied Materials

AMAT

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Ambarella

AMBA

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Advanced Micro Devices, Inc.

AMD

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Arm Holdings

ARM

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Shares of semiconductor and chip companies are trading higher as oil prices and bond yields retreat, helping the sector continue its May rally. Also, investors may be increasing their exposure ahead of Nvidia Q1 financial results later today.