Chip stocks have fallen for 6 straight days, the longest losing streak in over 17 months.
The SOX is down 12%, wiping out $1.6T in market value.
There's pressure from every direction:
🟢 Higher rates
🟢 Stretched valuations
🟢 The soaring cost of building AI
🟢 JPM says dip-buyers have gone missing
If this is the dip nobody buys, what happens next?
✅ Trade on WEEX 💸
Chip stocks have fallen for 6 straight days, the longest losing streak in over 17 months.
Trade Watcher
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