Semiconductor stocks have experienced a historic collapse, bringing rich returns to investors who dare to go short. For most of the past year, semiconductors have been one of the sectors with the most prominent gains in the US stock market. According to S3 Partners LLC data, with the Philadelphia Semiconductor Index falling more than 12%, traders who have bucked the trend in the past 7 days are estimated to have earned a total book income of 32 billion US dollars. This code indicates that SOX's chip stock benchmark index fell for the eighth consecutive trading day on Friday, tying the record for the longest continuous decline since 2006.
Zhitongcaijing · 1d ago
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Semiconductor stocks have experienced a historic collapse, bringing rich returns to investors who dare to go short. For most of the past year, semiconductors have been one of the sectors with the most prominent gains in the US stock market. According to S3 Partners LLC data, with the Philadelphia Semiconductor Index falling more than 12%, traders who have bucked the trend in the past 7 days are estimated to have earned a total book income of 32 billion US dollars. This code indicates that SOX's chip stock benchmark index fell for the eighth consecutive trading day on Friday, tying the record for the longest continuous decline since 2006.
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