Semiconductor Index Falls as Much as 11% in Sharp Tech Selloff
The semiconductor index (SOX) fell as much as 11%, its worst performance since March 2020, as tech stocks headed for their steepest decline since June.
Tech stocks were headed for their worst decline since June on Thursday, with the semiconductor index NASDAQ:SOX briefly falling by double digits in the latest autumn reckoning for the AI sector.The SOX fell as much as 11%, its worst performance since March 2020, and the Nasdaq composite TVC:IXIC dr…