More Pain Ahead for Semiconductors and Big Tech
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The Street
The Street
By Luc Olinga Tech stocks and those of semiconductor companies have just had a tough week. Tech and especially semiconductor manufacturers are going through a tough time. This hard time has recently resulted in turbulent sessions on the stock market. The result of the last five sessions on Wall Street, for example, has been particularly brutal for both sectors. Take manufacturers of microprocessors or chips. Four of U.S largest chip makers by market cap — Nvidia (NVDA) – Get NVIDIA Corporation Report, Intel (INTC) – Get Intel Corporation Report, AMD (AMD) – Get Advanced Micro Devices, Inc. Re…