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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?

Economy MarketWatch By Christine Ji 08 Jul 2026 19:13 1 min read
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.

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

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