๐ป Chip stocks hit bear market โ AMD -5%, Intel -4.5%, NVDA -3% as SOX falls 20% from peak
The Philadelphia Semiconductor Index officially entered bear market territory today, down 20%+ from its June record high after a 105% AI-driven surge since March. AMD, Intel, ARM Holdings, and Broadcom all dropping 4-5%+ on the session, and Middle East tensions pushing oil up 2% is rotating capital further away from growth tech. Not financial advice. Is this the end of the AI chip supercycle or the dip of the year?
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