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- Semiconductor stocks are falling due to1234:
- Growing fears of a recession1
- Escalating U.S.-China trade tensions2
- Disappointing results from companies in the sector, such as Nvidia, Intel, and Western Digital3
- Downbeat guidance from Micron Technology4
- Collateral damage from Micron Technology's downbeat guidance4
- Bank of America analysts downgrading Micron to "neutral" from a "buy"4
- President Joe Biden signing legislation that will provide subsidies to chipmakers3
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…Following stellar performance in 2023, U.S. semiconductor stocks have taken a hit at the start of 2024, with notable declines in Tuesday morning trading in New York. This downturn comes in the wake of the White House’s directive to a prominent European chipmaker, signaling escalating U.S.-China trade tensions.www.msn.com/en-us/money/news/semiconductor-…Why Are Semiconductor Stocks Down Today?
- Semiconductor stocks are falling after Nvidia ( NVDA) became the latest company in the sector to report disappointing results yesterday.
investorplace.com/2022/08/why-are-semiconducto…Why Are Semiconductor Stocks MU, AMD, TSM Down Today?
- Several semiconductor stocks were down this morning after Micron Technology ( MU) issued downbeat guidance.
investorplace.com/2022/07/why-are-semiconducto… - People also ask
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