Chip stocks are ‘vulnerable’ as tariff talk rages on, but they may recover

Chip stocks are ‘vulnerable’ as tariff talk rages on, but they may recover

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnbc.com/2018/07/24/chip-stocks-are-vulnerable-as-tariff-talk-rages-on-but-may-recover.html

Semiconductor stocks used to be a lot hotter.

The popular SMH semiconductor-tracking ETF enjoyed a 36 percent rally last year, spending much of that time above its 200-day moving average as high-flyers like Nvidia, Micron and Applied Materials surged. The group has fallen out of favor as of late, now down 6 percent from its 2018 high.