Business & Finance
Semiconductor stocks are surging while the ‘Magnificent Seven’ is struggling. This divergence of fortunes could be bad news for the market.
Key Points
Semiconductor stocks have surged more than 80% this year, riding a wave of AI demand from the “Magnificent Seven.” Meanwhile, the companies writing those checks find themselves in correction territory.
Semiconductor stocks have surged more than 80% this year, riding a wave of AI demand from the “Magnificent Seven.” Meanwhile, the companies writing those checks find themselves in correction territory.