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Searched the web#ChipRallyOnCeasefire: Micron Up 10%. Marvell Up 210% YTD. Iran Paused Military Operations. The Market Moved Instantly. Today is the clearest example yet of how tightly the chip sector has been trading the Iran war. Iran halted military operations against Israel this morning. The Nasdaq jumped 1.1% to 25,987. The S&P 500 added 0.5%. Micron — which fell 13% on Friday — rebounded nearly 10% in a single session. NVIDIA and Broadcom both moved higher. TSMC hit $429 per share. The tech sector led all groups with a 2.7% gain. The Friday selloff that triggered today's bounce tells the story in reverse. The Nasdaq dropped 4.2% on Friday — its worst single day since April 2025 — as investors took profits on chip stocks against an uncertain macro backdrop. The same stocks that fell 13% and 16% in one day are bouncing 10% the next. That's not normal volatility. That's a market where every geopolitical headline moves billions in seconds. The supply chain logic is straightforward. The Strait of Hormuz has been effectively closed since February 28. Chip fabs run on specialty gases and raw materials that move by sea. Every day the strait is disrupted adds cost and uncertainty to manufacturing timelines across TSMC, Samsung, and SK Hynix. A ceasefire signal — even a fragile one — removes some of that premium immediately. Marvell is up 210% year-to-date. Samsung and SK Hynix each crossed $1 trillion in market cap last month. The AI chip demand story hasn't changed. The geopolitical overlay has been amplifying every move in both directions. Iran paused. Chips rallied. The ceasefire is still fragile. Watch Monday's close. #ChipRallyOnCeasefire