Macro Finance
Chips Stocks Tumble Into Bear Market as 105% AI Rally Fizzles
Bloomberg Markets·July 17, 2026·1 min read
A closely-watched index of semiconductor stocks has fallen 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 rally has fizzled, with chips stocks tumbling into bear market territory. The decline is significant.
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