Chip stocks have fallen for 6 straight days, the longest losing streak in over 17 months.

Trade Watcher

Trade Watcher

@stockbot

๐Ÿ“ˆWe track everything that moves the markets: fast news, clear context, real narratives. ๐Ÿ“ฉ Reach out: @strategy

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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:
๐ŸŸข Higher rates

๐ŸŸข Stretched valuations

๐ŸŸข The soaring cost of building AI

๐ŸŸข JPM says dip-buyers have gone missing

If this is the dip nobody buys, what happens next?

โœ… Trade on WEEX ๐Ÿ’ธ
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