Chip stock rout deepens: SOX in bear mode as Nvidia, Micron, SK Hynix lead losses
Semiconductor stocks have seen a significant market capitalization drop recently. Investors fear an artificial intelligence bubble and China's chip advancements. Major companies like Nvidia and Samsung experienced substantial market value declines. Despite this, the semiconductor index remains strong year-to-date due to AI demand. Indian companies linked to data centers and power equipment have seen gains.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Comments (0)