17 July 2026

The Philadelphia Semiconductor Index sank ~10% for the week, its largest weekly fall in over a year, and is now down ~20% from its late-June all-time high (Reuters)

Reuters:
The Philadelphia Semiconductor Index sank ~10% for the week, its largest weekly fall in over a year, and is now down ~20% from its late-June all-time high  —  A brutal week for chip stocks — the same names that fueled this year's blistering market rally — has left investors from Seoul …

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