The Dow Jones Industrial Average surged 350 points Tuesday, as Intel jumped on plans to list its Mobileye unit. Apple and Tesla rallied sharply.
Dow Jones futures surged 370 points early Tuesday, as the stock market snapped back with strong gains. Tesla found support at a critical level.
The U.S. International Trade Commission on Wednesday said it would initiate an investigation of certain integrated circuits, chipsets and electronic devices, based on a complaint filed by NXP Semiconductors NV of Taiwan and its U.S. unit. The U.S. ITC said the probe would focus on imports by MediaTek Inc of Taiwan and its U.S. subsidiary; Amazon; Belkin International and Linksys.