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Chips Drive Market Volatility | US News
The Nasdaq slid 1.47% as memory chip stocks dragged the market down, even with strong earnings from TSMC—showing just how high expectations are in this volatile sector. SanDisk and Western Digital plummeted 5.8% to 12.6%, while healthcare rallied, painting a mixed market picture. Analysts are forecasting explosive tech earnings growth over 65% and overall S&P 500 gains above 24%, buoyed by solid retail and manufacturing data—even as housing shows signs of strain. It’s a rollercoaster: tech’s wild swings contrast with other sectors’ resilience, leaving investors watching closely for what’s…
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