https://www.cnbc.com/2018/10/26/the-slump-in-chip-stocks-may-be-a-sign-the-us-economy-is-slowing-down.html

After a raft of mixed earnings reports by semiconductor companies and some gigantic stock declines, it's fair to ask: How bad is it? And given the chip industry's status as one of the anchors of business investment in the economy, is the string of weak news a sign the country as a whole is headed for slower growth?

That question has loomed large in the stock market's gyrations this week. A market leader AMD stock dropped 21 percent on Wednesday night before a partial recovery Thursday, and Texas Instruments fell 8.8 percent after it reported that revenue was little changed in the third quarter as growth in its crucial auto segment slipped. The Philadelphia Semiconductor Index of 30 top chip companies is down 17 percent since Labor Day,including the biggest one-day drop in a decade on Wednesday.