The SOX (Philadelphia Semiconductor Index) is heading for its 6th consecutive down day—longest losing streak since May.
Chip stocks getting hammered. This isn't just a blip anymore. Six straight red sessions tells you something shifted in sentiment. Could be profit-taking after the AI rally, macro concerns creeping back in, or simply exhaustion.
Worth watching if semis can find a floor here or if the selling pressure continues to bleed into broader tech.
Chip stocks getting hammered. This isn't just a blip anymore. Six straight red sessions tells you something shifted in sentiment. Could be profit-taking after the AI rally, macro concerns creeping back in, or simply exhaustion.
Worth watching if semis can find a floor here or if the selling pressure continues to bleed into broader tech.