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The stock market is undergoing some serious late-summer volatility, with the S&P 500 Index ($SPX) recently wrapping up its best session since late 2022 - right on the heels of its worst day since 2022. While stocks are recovering from concerns over the Bank of Japan's rate hike campaign and softening U.S. jobs data, recent selling that has been heavily focused toward the tech sector has upended many of the market's big winners of 2024.
Semiconductor stocks have been no exception, but the recent pullback presents some interesting buying opportunities for investors looking to add exposure to this rapidly growing space, fueled by advancements in artificial intelligence (AI).
