BREAKING
Chip Stocks Head for Worst Week in 15+ Months
0
%
SOX drop Jul 16
0
closing level
0
%
weekly loss
Memory Names Bear the Brunt
SK Hynix
13
Micron
10
Arm
6.4
Marvell
6.2
Intel
4.2
What Triggered the Selloff
1
Hot PPI inflation
↓
2
Rate fears return
↓
3
Profit-taking
↓
4
Chip selloff spreads
Correction or Durable Reset
The Case Against
Bears
●
AI boom may be peaking
●
Hyperscaler capex in doubt
●
High multiples repricing
The Case For
Bulls
●
AI hardware demand robust
●
Just profit-taking
●
SMH up over 82% in H1
AI Trade Faces a Test
AI NEWS BLITZ
U.S. semiconductor stocks are on track for their steepest weekly drop in over 15 months.