Chip Market in Bear Territory | Business and Finance News

The chip market just took a sharp turn as the SOX plunged over four percent, perilously close to official bear market territory. A classic “head and shoulders” pattern has broken, signaling a possible downward shift — though Nvidia remains resilient while memory makers like Micron are already in bear market territory. Interestingly, this sell-off isn’t dragging down the entire market; other sectors are gaining, hinting at a real realignment away from tech dominance. Watch closely: a quick rally above 12,000 could be a rebound signal, but staying below it may send the index plummeting toward 11,000. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f26eb2dc512684c6