Chip Stocks to Buy After Their Worst Day Since June - AOL
Semiconductor Sector Sees Sharp Decline Despite Strong Growth Projections
The semiconductor industry experienced a major setback on October 22 as the PHLX Semiconductor Index fell by 6.7 percent. This decline marked the sharpest single-day drop for the index since June 23. While the market reaction was severe, the underlying financial data and future guidance from major chipmakers suggest that the industry is currently struggling with an excess of demand rather than a lack of interest. Companies such as Lam Research, Micron, and AMD have all signaled that they are operating under significant supply constraints that could last for several years.
Semiconductor Index Hits Recent LOW
Lam Research, a key supplier of equipment used in the manufacturing of silicon chips, published its latest financial
Source: aol.com · 2026-10-26