The semiconductor sector is currently experiencing a notable selloff, extending its fourth consecutive loss following an exceptional year in 2023. The PHLX Semiconductor Index (SOX) has dropped by 1.8%, with almost all of its 30 components losing value. Among the biggest decliners in this sector are Wolfspeed Inc. (WOLF) with a decrease of 5.6% and On Semiconductor Corp. (ON) … [Read more...] about Challenges in the Semiconductor Sector
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