These chipmakers and other stocks are overbought after the market rally this week
By Alex Harring
Published on April 18, 2026.
The three major indexes have surged this week, with the S & P 500 recording its biggest one-week gain since May. However, some sectors, including the information technology sector and the energy sector, contributed more significantly. CNBC Pro identified overbought stocks with notable companies such as Advanced Micro Devices, ON Semiconductor, Intel, and Broadcom, as well as Synchrony Financial. Despite concerns of a potential pullback, most analysts have a buy rating and believe most of the upside may already be in place.
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