Bill
@bullran
U.S. chipmakers are shaking up — the semiconductor sector has fallen 9.5% in a week, and its ratio to the S&P 500 has fallen to 0.91, the lowest since August 2024. The reason? DeepSeek has burst into the game, shaking up the market. Only 11% of companies in the sector are currently trading above their 200-day moving average, compared to 97% in July 2024. That's the worst performance since November 2022. Twitter is wondering whether this is panic or a real cause for concern.
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