Chip stocks have entered a bear market. A BofA analyst says not to panic.

Center-Right: <a href="https://www.ft.com/content/c92a5a36-55a0-4d04-b84c-d1705976987b?syn-25a6b1a6=1" rel="noopener nofollow">Chip and memory stocks slide in fresh bout of Wall Street tumult — www.ft.com
Center-Right: <a href="https://www.ft.com/content/79a15abd-5892-4f1c-b038-b09a1ceecabb?syn-25a6b1a6=1" rel="noopener nofollow">US chip stocks notch up worst week in more than a year — www.ft.com
Center-Right: <a href="https://www.cnbc.com/2026/07/17/softbank-chip-stocks-asia-wall-street-ai-rout.html" rel="noopener nofollow">SoftBank sinks over 9% as Asia chip stocks track Wall Street AI sell-off — www.cnbc.com
Center-Right: <a href="https://www.cnbc.com/2026/07/17/5-things-to-know-before-the-stock-market-opens.html" rel="noopener nofollow">Chip stock sell-off, Netflix earnings, Trump&#39;s approval rating and more in Morning Squawk — www.cnbc.com

Source: www.marketwatch.com · Section: business-tech · Bias: Center · Published: Fri, 17 Jul 2026 20:49:00 GMT

The semiconductor sector is undergoing a reset and has a tendency to underperform in the third quarter.