2 AI Chip Stocks Down Over 20% to Buy Now

Concerns over tariffs and the potential impact on the economy have hit chip stocks particularly hard this year. The PHLX Semiconductor index is down 23% year to date, trailing the S&P 500's 10% decline at the time of this writing.Nvidia (NVDA 2.10%) shares fell last week after the company said that chip export restrictions to China will ding its bottom line by $5.5 billion when it reports first-quarter earnings results. This news also pulled down the shares of Taiwan Semiconductor Manufacturing (TSM 2.40%), ...