Chip Stocks Bounce Back 5% After Nvidia Shows Off New Designs

On July 21, 2026, a key chip-stock gauge rose 5%, rebounding from a steep slump. A bear market means prices have fallen 20% from their recent high. The index had entered one the week before. Nvidia's new chip designs drew investors back in. The day prior, the index had edged up 0.6%, stopping the decline.