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- Semiconductor stocks are dropping due to a combination of factors123. The semiconductor industry has been facing a chip shortage that has been aggravated by the COVID-19 pandemic, which disrupted the supply chain and caused factories to shut down due to lockdowns and other public health measures around the world3. Heading into October, the stocks of semiconductor companies were already posting big losses for the year on growing fears of a recession1. The risk of consumer spending slowing down has started a wave of analysts downgrading or lowering price targets for numerous companies2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Heading into October the stocks of semiconductor companies, whose chips go into everything from computers to cars, were already posting big losses for the year on growing fears of a recession. That came after a difficult two years when the pandemic, along with a fire at a major chip factory, debilitated output.www.morningstar.com/markets/why-are-semicondu…The semiconductor industry continues to get hit due to the increased risk of consumer spending slowing down. The risk has now started a wave of analysts downgrading or lowering price targets for numerous companies.www.fool.com/investing/2022/04/11/why-numerous …The semiconductor industry has been facing a chip shortage that has been aggravated by the COVID-19 pandemic, which disrupted the supply chain and caused factories to shut down due to lockdowns and other public health measures around the world.www.investopedia.com/semiconductor-impact-on-t…
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