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Morgan Stanley sends clear message on semiconductor stocks after selloff
Yahoo Finance· 2026-03-28 02:33
Semiconductor stocks have come under pressure. Over the past month, the sector tracked by the iShares Semiconductor ETF (SOXX) has dropped roughly 10%, as investors grow cautious about valuations, demand trends, and the sustainability of recent gains. On March 24, Alphabet’s Google (GOOGL) rolled out TurboQuant, a new compression method that could reduce the amount of memory required to run AI models by 6x, causing a sell-off in memory names, with Micron (MU) and Sandisk (SNDK) down more than 10% in the ...