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More than two-thirds of tech stocks are at least 20% off recent highs. What’s happening to the AI trade?

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More than two-thirds of tech stocks are at least 20% off recent highs. What’s happening to the AI trade?

Major semiconductor names have been falling hard as investors take profits following a blockbuster second quarter.

More than two-thirds of tech stocks are at least 20% off recent highs. What’s happening to the AI trade?

Source：MarketWatch

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Source：https://www.marketwatch.com/story/more-than-two-thirds-of-tech-stocks-are-at-least-20-off-recent-highs-whats-happening-to-the-ai-trade-4ba6aa28