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Macro Finance

Chips Stocks Sink Into Bear Market as 105% AI Rally Fizzles

Bloomberg Markets·July 17, 2026·1 min read

A closely-watched index of semiconductor stocks is set to fall into a bear market, unwinding a chunk of the blistering memory-led rally that saw the gauge more than double in just three months. The 105% AI-driven surge has fizzled, with chip stocks now sinking sharply.

Read at Bloomberg Markets
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