News Formal

Chip stocks suffer their biggest drop in nearly 10 years

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Semiconductor stocks had their worst day in almost a decade Wednesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I have no idea why analysts setting a high target price for $AMD still have jobs. And I have no idea how come investment banks peddling their reports are still in business.

Bullet point list of risks to AMD, presciently published two months ago when it was at peak hype.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The stock market is overdue for a one-day 5% or 10% plungeAn academic study finds the stock market will experience a 5% daily drop every 1.6 years, on average, and a 10% drop every 13 years.
Source: MarketWatch - 🏆 3. / 97 Read more »