Chip stocks just had a week straight out of 2001.
The Semiconductor Index ($SOX) dropped 21.8% in 5 days—worst stretch since September 2001, right after the Dot-Com crash. Third-worst 5-day drop ever recorded.
Not 2008. Not 2020. This week was worse.
Thursday alone: down 12.3%, biggest single-day loss since March 2020's panic sell-off.
The 3x leveraged semiconductor ETF? Down 60% in a week. Down 86% from its June high.
We're seeing Dot-Com-level volatility again. Chips went from unstoppable to unwatchable in less than a month.
When a sector that led the entire bull market gets hit this hard this fast, it's not just profit-taking. Something broke.
The Semiconductor Index ($SOX) dropped 21.8% in 5 days—worst stretch since September 2001, right after the Dot-Com crash. Third-worst 5-day drop ever recorded.
Not 2008. Not 2020. This week was worse.
Thursday alone: down 12.3%, biggest single-day loss since March 2020's panic sell-off.
The 3x leveraged semiconductor ETF? Down 60% in a week. Down 86% from its June high.
We're seeing Dot-Com-level volatility again. Chips went from unstoppable to unwatchable in less than a month.
When a sector that led the entire bull market gets hit this hard this fast, it's not just profit-taking. Something broke.
