What caused Intel and Micron to rise?

Intel and Micron rose as part of a broader recovery in tech and semiconductor stocks after a severe selloff.

Is the tech sector recovering?

The partial rebound suggests a potential recovery, but sentiment remains cautious after recent losses.

Oracle Falls, Intel and Micron Rise in Mixed Tech Market

Oracle (ORCL) fell sharply, leading the S&P 500 decliners, while Intel (INTC) and Micron (MU) rose as tech stocks partially recovered from a severe selloff.

June 11, 2026

2 min read

Source: Barrons.com

U.S. markets saw a mixed performance in tech stocks on June 11, 2026, with Oracle (ORCL) leading the S&P 500 decliners while Intel (INTC) and Micron (MU) gained amid a broader tech recovery following a brutal selloff.

Reasons for the Moves

Oracle (ORCL)

Oracle shares dropped significantly with no immediate catalyst, but the stock was the biggest drag on the S&P 500 among losers.

Intel (INTC) and Micron (MU)

Intel and Micron rose as part of a broader rebound in semiconductor and technology stocks, after the sector suffered heavy losses in previous sessions.

Market Context

The moves came after a period of intense selling pressure on tech stocks, prompting investors to reassess positions. Market sentiment remains cautious, but some stocks are finding support at lower levels.

Similar Sector Moves

Alongside Intel and Micron, other tech stocks such as Sandisk also posted gains, suggesting the recovery may be broad-based within the sector.

Frequently Asked Questions

Oracle shares fell without an immediate clear catalyst, but the stock was the biggest drag on the S&P 500 among decliners.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.