The semiconductor ETF $SOXX fell 10% on Friday alone.
It's still up 80% this year.
Why did it drop? Traders are selling chip winners to fund their SpaceX IPO allocations.
Retail investors rotated out of $NVDA $AMD $MU to make room for $SPCX.
This is not a fundamental change in
It's still up 80% this year.
Why did it drop? Traders are selling chip winners to fund their SpaceX IPO allocations.
Retail investors rotated out of $NVDA $AMD $MU to make room for $SPCX.
This is not a fundamental change in
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