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Markets

What History Says Happens After Chip Stocks Have a Week This Bad

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BTIG has told investors to use any rebound in semiconductor stocks to cut their exposure. The firm expects a drawn-out decline in the sector that could stretch into 2027. The warning followed an 11.4% weekly drop in the Philadelphia Semiconductor Index (SOX), its steepest since April 2025. Meanwhile, the iShares Semiconductor ETF (SOXX) has now fallen for 9 straight sessions. Despite this, it remains up nearly 64% in 2026. History Offers Chip Stocks Bulls Little Comfort BTIG chief market technician Jonathan Krinsky laid out the case in a research report published Sunday. He pointed to growing doubts around artificial intelligence (AI) stocks. “There are certainly more doubts creeping in about the AI complex of late.

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