Chip rally has a dark side – volatility risk at highest since 2015 for AMD and Micron

The surging rally in semiconductor stocks, including AMD and Micron, carries a hidden danger: the spread between individual stock volatility and index volatility has reached its widest level since 2015. This rare market signal indicates that chip sector leaders are unusually vulnerable to sharp corrections. Analysts are warning investors not to overlook the divergence as the rally continues.