The Nasdaq Composite index's level is down roughly 25% year to date, and many semiconductor stocks have seen huge sell-offs across 2022's trading. In addition to concerns about the possibility of a prolonged recession and other macroeconomic pressure affecting the broader market, manufacturing issues and geopolitical risk factors have also caused investors to move out of semiconductor stocks. Nvidia (NASDAQ: INTC) and Intel (NASDAQ: NVDA) are leading chip companies that have seen big sell-offs, and their stocks now trade down roughly 40% and 53% this year, respectively. Read More...
The Nasdaq Composite index’s level is down roughly 25% year to date, and many semiconductor stocks have seen huge sell-offs across 2022’s trading. In addition to concerns about the possibility of a prolonged recession and other macroeconomic pressure affecting the broader market, manufacturing issues and geopolitical risk factors have also caused investors to move out of semiconductor stocks. Nvidia (NASDAQ: INTC) and Intel (NASDAQ: NVDA) are leading chip companies that have seen big sell-offs, and their stocks now trade down roughly 40% and 53% this year, respectively.
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