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Chip Stocks in Bear Market | Durham News
Semiconductor stocks are crashing after a wild run, with the SOXX ETF officially in bear market territory—down over 20% from its June peak. Veteran analyst Ed Yardeni warns more pain ahead, pointing to a two-hundred-day moving average as the likely floor. While the broader market holds near all-time highs, the chip sector is bleeding as three forces converge: forced Asian selling, a cheaper Chinese AI model slashing hardware demand, and a lack of buyers. The sell-off wasn’t sudden—it was months in the making, with Yardeni downgrading tech in December and warning of trouble since June. His…
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