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Semiconductor stocks are on the verge of a bear market. Is the thrill in the chips trade gone?

Economy MarketWatch By Joy Wiltermuth 16 Jul 2026 21:02 1 min read
Semiconductor stocks are on the verge of a bear market. Is the thrill in the chips trade gone?

The PHLX Semiconductor Index hit a record high in late June and has since tumbled nearly 20%

The PHLX Semiconductor Index hit a record high in late June and has since tumbled nearly 20%

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